Abstract: The subject of consideration in this article is development of managerial skills with the help of project work in English. The purpose is to search into the contents of managerial skills of the future service industry managers. The authors give a short review of psycho-pedagogical and methodological literature on the problem of skills development, on the peculiarities of project activity organization, as well as Russian and foreign experience of managerial skills development in the English language classes. Some groups of managerial skills required for the service industry managers are described in the article. Stages of managerial skills development and relevant stages of project work are proposed. There is description of practical experience of developing managerial skills in the process of performing group project in English, in which students of training industry «Service» took part. Taking part in designing service objects in English, trainees get the opportunity for self-actualization and professional self-identification. At the same time, they master their foreign language knowledge for professional purposes. Description of this project is supported by a wide range of activities suitable for use at different stages of project work for managerial skills development. The described experience proves that this form of organizing learning process enables better understanding of the problems in professional sphere and comprehension of the acquired results. It contributes to developing of planning and organizing skills, as well as more conscious use of professional tools and techniques. The developed system of forming managerial skills of the future manager can be applied in the English language classes and as a separate course.