The fact is that most CS graduates go and work in industry when they're finished. Having some basic knowledge on how to deliver and architect software projects would come in really handy considering that's what they'll be doing as they've graduated.
Yeah, but that's the shit I can teach them easily on the job. I'd rather their degree teach them the answers to the "why" kinds of questions. It's more onerous for me to schedule someone to shadow them and answer those.