SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


       Date of Report (Date of earliest event reported): February 27, 2003


                         PRG-SCHULTZ INTERNATIONAL, INC.
               (Exact name of registrant as specified in charter)

                        Commission File Number 000-28000

             Georgia                                    58-2213805
     (State or other jurisdiction of           (IRS Employer Identification No.)
             incorporation)



         600 Galleria Parkway
             Suite 100
          Atlanta, Georgia                                  30339-5949
(Address of principal executive offices)                    (Zip Code)


        Registrant's telephone number including area code (770) 779-3900


                            2300 Windy Ridge Parkway
                                 Suite 100 North
                           Atlanta, Georgia 30339-8426
          (Former name or former address, if changed since last report)






ITEM 5.  OTHER EVENTS.

On February 27, 2003, PRG-Schultz  International,  Inc. ("PRG-Schultz") issued a
press release announcing its results for the quarter ended December 31, 2002 and
the year ended December 31, 2002 and a press release  announcing the appointment
of Jackie  M.  Ward as  PRG-Schultz's  presiding  director  of the board and the
election  of David A. Cole as a director.  PRG-Schultz  hereby  incorporates  by
reference  herein the information set forth in its Press Releases dated February
27, 2003,  copies of which are attached hereto as Exhibits 99.1 and 99.2. Except
as otherwise provided in the press releases, the press releases speak only as of
the date of such press  releases  and such press  releases  shall not create any
implication that the affairs of PRG-Schultz have continued  unchanged since such
date.

Except for the historical  information  contained in this report, the statements
made by  PRG-Schultz  are forward  looking  statements  that  involve  risks and
uncertainties. All such statements are subject to the safe harbor created by the
Private Securities Litigation Reform Act of 1995. PRG-Schultz's future financial
performance could differ  significantly  from the expectations of management and
from results expressed or implied in the Press Releases. For further information
on  other  risk  factors,  please  refer  to the  "Risk  Factors"  contained  in
PRG-Schultz's  post-effective  amendment to Form S-3 filed October 29, 2002 with
the Securities and Exchange Commission.  PRG-Schultz disclaims any obligation or
duty to update or modify these forward-looking statements.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

          (a)  Financial Statements.

               Not applicable.

          (b)  Pro Forma Financial Information.

               Not applicable.

          (c)  Exhibits.

               Exhibit Number             Description

               99.1                       Press Release dated February 27, 2003

               99.2                       Press Release dated February 27, 2003




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                                    SIGNATURE


     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


                             PRG-SCHULTZ INTERNATIONAL, INC.



Date: March 5, 2003          By: /s/      Clinton McKellar, Jr.
                                   ---------------------------------------------
                                          Clinton McKellar, Jr.,
                                          Senior Vice President, General Counsel
                                          and Secretary




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                                  EXHIBIT INDEX



Exhibit Number        Description

99.1                  Press Release dated February 27, 2003

99.2                  Press Release dated February 27, 2003



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