My background is in electrical and computer engineering therefore I had zero experience with project management. Apart from the obvious project management materials and concepts that I learned in this class, it was also helpful that we got some real…   Read more»

Another important factor that a company should consider before making a mass order is the time that this order will need to be completed. Even if a product is cheaper, taking more time to build can lead to increased costs…   Read more»

My biggest motivator is self-improvement. I take great satisfaction in realising that I have learnt something new and that I have picked up or improved a particular skill.  Even though this is my greatest motivator, over the course of the…   Read more»

First of all, even though the US is a country where people tend to overwork, I think that this fact has been exaggerated sometimes. Based on the data that I share below, there are many countries that far exceed the…   Read more»

I agree with all the previous points. I just want to add that those traits are not binary. They rather live on a spectrum. So you might have a product that is good and overall satisfies its goals and requirements…   Read more»

Also, procurement management is a subset of resource management. Resource management refers to all resources whether they are people, skills that employees possess or materials. On the other hand, procurement refers to materials.  This is why I also agree that…   Read more»

In the mini simulation, procurement management was not affected because the qualities that a vendor should possess were already determined and remained unchanged. What changed in the project was the solicitation phase.  Concerning what might affect procurement management, possibly a…   Read more»

A general way that you can deal with risks is to perform a risk-benefit analysis. This means that you calculate as accurately as possible the possibility of the risk and also the potential cost of this. If you multiply those…   Read more»

Hi, releasing a product that has not yet passed all the necessary verification steps is a very serious issue. This can jeopardize the credibility of the company let alone its overall reputation. In addition, a client might be lost to…   Read more»

Hi all, I am a PhD student in the BME department at NJIT. 
Here is my linked in profile 
 
https://www.linkedin.com/in/alexandros-tzalavras-aa9000170/

If the project has been delayed then we cannot say that the project has been successfull because following a timeline is part of successful project planning. Therefore in that case, personell evaluation will take place and the reason that those…   Read more»

Also, the board directors are mostly responsible for the general direction that projects must take and the goals that they should achieve rather than the technical details for particular projects and timelines. 

Just as most have mentioned the most important factor is team communication and breakdown of prerequisites and necessary time to complete each task. After this timeline has been created a pipeline like a Gannt chart can be created to calculate…   Read more»

Yes, but I was wondering if there is an algorithmic way to break a project into smaller chunks. DevDesai mentioned one way which if I understand correctly focuses on the subject area. Different areas such as circuits or programming will…   Read more»

Project management is above design controls. It oversees it along with all device development activities and ensures successful completion of the project objectives. Therefore we can tell that design controls is a part of project management. 

I agree that planning is the most important part. I would also like to add that an important part is the verification process after the end of each stage. This process, if successful, leads to the next level. It is…   Read more»