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ajm73 replied to the topic Funding in Medical Devices Industry in the forum Introduction to Project Management 6 years, 2 months ago
In the line of work that I am in, there are hundreds of potential projects that could be picked up. Oftentimes however, these projects are prioritized mainly according to how much it would cost/net the company and if they are required to make the change. Some very novel ideas can be delayed for months or years on end if the cost is too high, management feels the project isn’t as important as others, or both. Unless there is a clear line from implementation to profit or if they are required to make a change to remain compliant to procedures/guidelines, then projects have varying success rates at coming off the ground.