Engineering Management is currently used as the official major name for both undergraduate and master programs in China. For people in both academia and industry, it is of great significance whether the professional connotations, training objectives and professional knowledge systems of the two levels’ education should be the same. On the basis of analyzing the connotation of engineering management, the training objectives and knowledge system of engineering management professionals in China and abroad, the authors of this paper suggested that the official name of undergraduate engineering management should be changed to “Construction Project Management”. It is suggested that the relevant knowledge of construction engineering transaction theory and project governance theory should be appropriately increased in the undergraduate program to meet major’s connotation. This paper also suggested that the training mode and the knowledge system for the Master of Engineering Management (MEM) degree program should be adjusted based on the needs of high-level talents in R&D project management and technical management for engineering/technical companies.