The article deals with the problem of the formation foreign language competence for students in pedagogical college by means of project technology in the process of teaching the course "Foreign language for professional purposes". It defines the didactic foundations and proposes the practical solutions of this problem through the implementation of educational projects of different types. The essence of the project technology, its main tasks, functions, stages of organization and conditions of its implementation in the educational process in pedagogical college, which provides the quality of the foreign language competence formation, are analyzed in detail. In the article the process of the project based learning implementation is presented, the typology and themes of the educational projects that are the most suitable ones for implementation in the course “Foreign language for professional purposes” are suggested, in order to provide the conditions for the individual students’ self-realization, which involves the design of the trajectory of personal and professional development. Also it was set out the following tasks: to analyze the components of the project method, to substantiate scientific bases of project method implementation, to do conclusions about ways of its use in the process of training the foreign language communication in the process of the future teacher preparation.