In fact, soon after Barack Obama would be sworn in as the 44th President of the US, a small team of key Obama aids would move straight to White House to give a jump start to the administration's agenda.

Vans would be kept ready near the inaugural ceremony to take these Team Obama members to White House, even as the rest of the functions related to the inauguration would continue.

Media reports said about 20 senior officials of the incoming Obama Administration had their paper work ready to enter the White House Tuesday afternoon.

On Wednesday, January 21 – the first full working day of the new President, Obama has already convened meetings for his top two challenges – the economy and foreign policy, specially the two wars in Iraq and Afghanistan.

As his team is getting things ready, Obama would be meeting his key economic advisors and top economic officials to give a final shape to the mega economic stimulus package so that the process of recovery and reinvestment of American economy begins at the earliest. Obama believes this is very important to generate confidence among the investors, people and the business class.

The same day, Obama would be meeting his key military commanders to discuss with them the options available in Afghanistan and Iraq. While on Iraq, a key Obama aid told a news channel Sunday, Obama would be asking his commanders to come up with the plan to withdraw troops within 16 months, on Afghanistan he would be seeking a new plan from them so that the war in this country is won and Afghanistan does not become a safe haven for terrorists again.

Middle East, which needs immediate attention, would also be on the first few priorities list of the new administration.

"Well, I think that the events around the world demand that he act quickly, and I think you'll see him act quickly," David Axelrod, Senior Advisor to Obama told CNN in an interview. "The President-elect has said repeatedly that he intends to engage early and aggressively with diplomacy all over the world and using the men and women, the professionals who are in place, who are great, and, where appropriate, special envoys," he said.

Media reports said Team Obama has prepared a series of executive orders for Obama to sign so that the administration kicks off running soon thereafter.