In systems with timescale separation, where the fast degrees of freedom exh
ibit chaotic motion, the latter are replaced by suitable stochastic process
es. A projection technique is employed to derive equations of motion for th
e phase space density of the slow variables by eliminating the fast ones. T
he resulting equations can be approximated in a controlled way by Fokker-Pl
anck equations or equivalently by stochastic differential equations for slo
w degrees of freedom. We discuss some model situations and explore the accu
racy of the approximations by numerical simulations.