Jovanovic's side are currently top of the Cypriot league having gone nine games unbeaten.
But they are bottom of Group D without a win to their name. The Cypriots have managed creditable draws with Atletico Madrid but a Nicolas Anelka goal gave Chelsea all three points in their earlier encounter in Nicosia.
Chelsea have already won the group and Jovanovic sees Tuesday's encounter as another step towards gaining more valuable experience in Europe's top competition.
"Chelsea are the best team in this group," said Jovanovic. "They are certainly one of the teams capable of winning the tournament.
"We will try our best as we have done in every game we have played this season.
"My team has exceeded itself. We will try and do the same tomorrow and hope for the best possible result.
"Our progress in the last six months is what we will take out of this Champions League experience.
"We will try to do everything to be here again next year. It is the greatest recognition we have had."
Jovanovic is not affected by the fact that Chelsea may rest a number of key players.
The Serbian, 47, still expects a tough encounter whoever Chelsea decide to put on the pitch to face them.
"Chelsea are one of the strongest English teams and English football is one of the best in Europe," added Jovanovic. "It will not make any difference who is playing for Chelsea tomorrow. It will still be a tough game."