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This dissertation was written as part of the Executive MBA (EMBA) at the International Hellenic University. Municipal Water and Sewage Authorities (MWSA) lack of knowledge and implementation of an organized Project Management structure in their projects realization is an existing problem that Greek water industry is experiencing in our days. The scope of this dissertation is to deliver a practical Project Management Plan (PMP) to MWSA that will make the project planning reality, will maximize the chances of success, will give all the tools in the real environment to exploit the already existing know-how the companies possess, enable stakeholders involvement and will help to increase companies annual turnover. To achieve this, an extensive PMP is created for Thessaloniki's Water Supply and Sewerage Authority (EYATH S.A.-company) in order to help the company implement a 68mil.€ operational plan for distributing potable water in the wider area of Thessaloniki. Due to its structural integrity, this "pilot" PMP or its autonomous building blocks can be applied in the Greek water industry by the MWSA. At this point I would like to acknowledge and give special thanks to my supervisor, Professor Marco Sampietro, for his invaluable guidance, help, support and supervision from the beginning until the completion of this dissertation. I am sincerely grateful for the chance he offered me to work with him and advance my research skills in his area of expertise and more specific in Project Management. I also would like to offer special thanks to EYATH SA for providing me with the economic means to participate in the Hellenic University EMBA 2015 programme and all employees that provided the necessary information. Last but now least my family for supporting me and standing by my side.