Engineering education all over the world is of paramount importance as it is this education which provides economies with opportunities for development and growth. Engineering education is important for both developed and developing economies—for the former to maintain their lead position and for the latter to ensure decent livelihood and utilization of natural resources. In such a situation, engineering education needs to continuously upgrade itself to meet the ever changing needs of the economy, society, and mankind. Hence, understanding engineering education and reviewing the methods and standards are important if all stakeholders have to be satisfied. With the driving force of the globalization of the engineering profession, adopting project-based teaching methods have mutual recognition across the world, and also help to develop the right graduate attributes while continuing to assure the standards and quality of engineering education.