The first step to nurturing an effective business relationship is by establishing and maintaining a connection. This means that you should be in touch with vendors regularly. If at all possible, meet in person at your office so that vendors can get a better feel for your business, and visit their offices as well. Share your goals with vendors and…[Read more]

In my opinion, I think it is possible to have multiple objectives or goals for one project. It is very important to identify the scopes of the project before hand to make sure these different goals or priorities are put into consideration. However, widening the scope of the project to include more activities can increase how much needs to be done…[Read more]

I have learned a lot about project management techniques and methods related to medical devices and practical problem solving simulations based on real-world examples of medical device projects. I learned how to work in a team on a commercial medical device projects and the project management processes and all the PM knowledge areas applied to…[Read more]

I agree with the above replies, as medical devices become increasingly complex, the need for reliable, compliant, and cost-efficient supplier partners is of great importance to strategic sourcing and direct procurement executives. At the center of all decision-making is balancing quality and cost when finding and partnering innovative suppliers.
5…[Read more]

The Six Sigma offers a structured and disciplined process for solving business problems. Six Sigma uses tools designed to identify root causes for the defects in processes that keep an organization from providing its customers with the consistent quality of products the customers requirements on time and at the most reasonable cost. The Six Sigma…[Read more]

Quality assurance is a set of different activities for ensuring the quality in the processes by which products are developed. It aims at preventing defects with a focus on the process, which is used to make the product. It is a proactive quality process. The main goal of QA is the improvement of the development and the testing processes. It…[Read more]

While employee absenteeism due to illness or other issues is an unavoidable fact of life, there are many measures that managers and employers can take to minimize employee absenteeism and to better manage it in general. Although employee absenteeism is an issue for any business that employs workers, many managers and employers fail to institute a…[Read more]

I think you have pointed out the most important factors for project success. Communication comes as the most important out of all of them. Communications should be well defined and efficient in order to prevent delays. Each member of the team should be prompt in their availability and their fast responses when needed. Defined plans are always…[Read more]

Earned Value Management (EVM) is a technique that can be used to measure project performance against the project baseline. This technique can be considered by insight to be one of the best practices areas for monitoring project performance from both a cost and schedule perspective. It is always important to think about two things, ahead of…[Read more]

It is imperative to keep the project on a schedule not only to finish it on time but also to enable unnecessary cost overruns to slippage of schedule because the costs start rising exponentially. Schedule variance is a vital analytical tool for project management. This tool can give all the information needed to determine if we are ahead of…[Read more]

I personally disagree with this statement. I do not think these are the most important parts of the entire project; they are still very important aspects of the execution phase of the project. When it comes to the execution phase of the project there are several ways of succeeding in terms of developing and completing deliverables. The executing…[Read more]

3The planning stage plays an important role in helping guide stakeholders, sponsors, teams, and the project manager through all the other project phases. Planning is essential to identify the desired goals to reduce risks, avoid missed deadlines, and ultimately deliver the agreed product or the result. Without careful planning and good planning…[Read more]

For the project manager to come up with an ideal time for each task has to come after research on this specific task and then answer some questions like if this has been done before and if yes how long did it take, ask some people who have done something similar to see what could be an appropriate time frame for this specific task, or maybe ask…[Read more]

Defining requirements of a medical product early in the process is very important to prevent some costly revisions later and any delayed time to market. Key to success of the medical device is to take into consideration the total product life cycle. The research and development team (R&D), the quality team, marketing team, regulatory, and industry…[Read more]