Project-based learning though industry collaboration provides a critical link between the real world and the academic environment. In learning institutions, students work on simulated assignment topics shielded from the real world refining their design skills. Working on live project briefs and partnership with industry clients allow students to put their knowledge into practice, and prepare for future employability. As students develop their project, they must consider two aspects of professional practice: design management and project management. This requires students to demonstrate their ability to consider a broader understanding of initiating and completing a project through an extensive application of project management skills. This paper examines the final year capstone unit, Design Practices: Project, where student teams collaborate with industry clients to deliver outcomes in the form of products and services. After reviewing the status-quo of the unit, projects challenges, lessons learned and students’ feedback will be discussed.