Software (SW) development is a very tough task which requires a skilled project leader for its success. If the project leader is not skilled enough then project may fail. In the real world of SW engineering 65% of the SW projects fail to meet their objectives as in [1]. The main reason is lack of training of the project mangers. This extreme ratio of failure can be reduced by teaching SW project management (SPM) to the future project managers in the practical manner, so that they may be skillful enough to handle the project in a better way. This paper intends to propose a model to be used to teach SPM to the student of SW engineering to reduce the failure rate of projects.