One of my friends just got a MOSS 2007 project. But he doesn't know anything about it. So he asked me to recommend a book which will be very good for understanding the basics of SharePoint in a minimum time as he has a very little time to get all the basic concepts. So please I request to all, recommend a good book for this purpose.
If your friend doesn't know anything at all about SharePoint and is jumping into this, you may want to check out the SharePoint Shepherd's Guide for End Users by Robert Bogue - http://www.amazon.com/SharePoint-Shepherds-Guide-End-Users/dp/0615194494/ref=sr_1_1?ie=UTF8&s=books&qid=1276899050&sr=8-1
It will take them through the basics. I also love Dux's book that is mentioned above, it is excellent for Project Management specific use.
You didn't really mention what your friend will be doing. If it has anything to do with implementing, customizing, or developing solutions for the platform then I would highly recommend Professional SharePoint 2007 Development which provides a great overview of the architecture and how all of the pieces fit together.
I recommend Sharepoint for Project Management by Dux Raymond Sy: http://oreilly.com/catalog/9780596520151
Or Seamless Teamwork by Michael Sampson: http://sharepoint.microsoft.com/blogs/mikeg/Lists/Posts/Post.aspx?ID=1489
I recommend reading Microsoft's Inside Microsoft Windows SharePoint Services 3.0
this book is the best book for sharepoint beginners