The aim of the paper is to analyze the process of application of the project approach in the development of rural tourism in Serbia, which has contributed significantly to the growth of tourism GDP in recent years and has great potential for further development. The potential value of rural tourism in Serbia is briefly described, followed by the methodology of the project approach to the development of rural communities through a concrete example. The paper presents a concise overview of the project study for the production of the development plan of the community of rural households in the municipality of Gornji Milanovac in the region of Central Serbia. The final remarks highlight the importance of the participation of the population in the development of development plans, which is one of the basic features of the applied method.