The 56-year-old was appointed on December 19, and since then, he has managed to steady the ship.
Pereira arrived with Wolves second from bottom of the Premier League table - five points from safety - after a disastrous start to the season under Gary O’Neil.
They had taken nine points from their opening 16 league matches. They had the worst defensive record in the league - having conceded 40 times, and their goal difference was -16.
Fast forward more than two and a half months, and Wolves, under the stewardship of Pereira, are in a much healthier position.