This paper describes existing practices in the supervision and assessment of projects undertaken by part-time, postgraduate students in Software Engineering. It considers this aspect of the learning experience, and the educational issues raised, in the context of existing literature--much of which is focussed upon the experience of full-time, undergraduate students. The importance of these issues will increase with the popularity of part-time study at a postgraduate level; the paper presents a set of guidelines for project supervision and assessment.