In the highly competitive software industry, improving the software development process can be crucial to a company’s success. Improving a team’s productivity can save employers significant time and money. The main issues for software development team productivity are in the area of “soft” skills, psychologically based phenomena and peculiarities. The objective of the Psychology of Software Development Team Management course is to develop professional competencies, related to applying best practices of applied psychology to real situations, process of communication and management of software development teams. Today the demand is growing for software development experts capable of analyzing problems, making decisions in business situations that involve risk or uncertainty, and building effective and efficient communication into and outside the team. These skills can be acquired through systematic studying on master program "Systems and software engineering" at HSE.