The Women's Management Development Project (WMDP)--initiated at Goucher College in 1977 to provide job reentry opportunities at the professional or management level to college-educated women in the Baltimore, Maryland, area--is described. The program involves a 6-month course of cognitive and experiential training, combined with individual and group counseling, and is followed by a 3-month paid internship in a private business. These full-time positions are worked by two women on a time-shared basis. This guide describes in detail the Goucher experience in launching the WMDP and indicates how other colleges can implement similar programs. Overall topics are as follows: project planning, staffing, developing and coordinating internships, recruiting participants, screening and selecting participants, the training course, counseling participants, time sharing, evaluation, and cost. Activities pertaining to the internships include: researching potential internship sponsors, producing the employer-oriented brochure, making initial contacts, securing commitments for internships, drafting position profiles, and coordinating with liaisons and supervisors. Participant screening and selection involves: using the preapplication procedure, conducting screening workshops, evaluating and interviewing applicants, pairing candidates for internships, checking references, and preparing finalists for internship interviews. Since the program is not designed to offer academic credit toward an undergraduate degree, the prerequisite of at least a bachelor's degree is considered necessary to maximize participants' chances for success in placement and future advancement. A course syllabus is appended. (SW)