For me, I will work as an engineer for 3-4 years and learn most of the technical stuff that I can use to enhance my career so that i have a proper experience and then I will shift to management positions.

There are many factors to look for while preparing schedule and budget for clinical trials.

1. Start-Up Fees:
This Start-Up Fee includes all of the Internal Committee and IRB application preparations, budget negotiations, regulatory document preparation as well as on-site visits and study protocol training. It may also include the Pharmacy…[Read more]

Analogous Estimating:
This technique is used to estimate the project cost when very little detail about the project is available. Therefore, this technique does not provide a very reliable estimation. The primary benefits of this technique are its lower cost and quick results.

In analogous estimation, the cost of the project is estimated by…[Read more]

Choosing the right supplier involves much more than scanning a series of price lists. The choice will depend on a wide range of factors such as value for money, quality, reliability and services.

A key criterion in selecting the right supplier is value. Cost should not be the only factor. The total cost of ownership should also be considered,…[Read more]

It’s a matter of Change of Management on the project, and as such should be already part of the project plan in the first place. Every project will face issues of one kind or another, and project plan should provide how such changes are handled formally within the project.

In this case cost estimation is related to elements needed in order to a…[Read more]

Factors other than matrix that can help detect the status of the project and help us have a rough estimate of time frame for the project depends on how well we manage these factors:
-Integration
– Scope
– Time/schedule
– Costs
– Quality
– Human resources
– Communication
– Risk
– Procurement
– Stakeholders

Different project management metrics can be defined based on a project’s objective and complexity. However, the following five typically cover the most important measurements:

Productivity – This metric allows project managers to assess the utilization of resources. It compares the total effort to the budgeted effort, which has a direct imp…[Read more]

In my point of view some important aspects for consideration during design transfer and handing off the product are:

Safety: The risk to humans or the environment
Accuracy: The difference between the expected truth and the actual parameter
Precision: The number of distinguishable measurements
Resolution: The smallest change that can be reliably…[Read more]

Commitment to Customer: It is essential that the manager sensitizes the team that release plans once locked-in are sacrosanct. On-time delivery is key. Hence it is extremely important that the entire team is fully aligned to the customer’s requirements. The manager must develop an in-depth understanding of not only the current a…[Read more]

Combination products are typically marketed under a marketing authorization type associated with the constituent part that provides the primary mode of action (PMOA) for the combination product (i.e., a new drug application (NDA) or abbreviated new drug application (ANDA) if it has a drug PMOA, a biologic license application (BLA) if it has a…[Read more]

Six Sigma:
Six Sigma is the method of choice for reducing variance and eliminating the number of defects that a process produces. Six Sigma relies heavily on statistical analysis and offers an arsenal of tools that analyze current performance and help identify the root causes of problems. Six Sigma can provide the data to justify where and how to…[Read more]

The planning phase is the phase where the project solution is further developed in much detail. Its the phase where the steps necessary to meet the project’s objective are planned. In this step, the team identifies all of the work to be done. The project’s tasks and resource requirements are identified, along with the strategy for producing t…[Read more]