Leadership has been a feature of general organizations but in project management much space is empty. New styles of leadership are being introduced and project leadership also can’t escape. With the advancement in project management project leadership requires new effective behaviors in organizations if it is to remain relevant. Interestingly, still project leadership has no separate wing of theory under the subject of project management but striving to strengthen the concept as distinct branch of knowledge. The reason behind that is project management and project managers have long been considered as a part of technical field rather being a part of social sciences. Different leadership styles have been discussed with some empirical support and there is need to adopt the new styles like authentic leadership in project management. Although authentic leadership is at its initial stages but produced positive results in studies discussed so far. In this study importance of authentic leadership has been discussed theoretically as compared to other contemporary theories.