@ms3548 I think the way to managing the transition from broad to bottom-up estimating is to treat it as a planned-hand off. For example, scheduling a formal review point once enough detail is available, like a completed WBS or when…   Read more»

@ms3548 In my experience, working in the medical device industry, one of the biggest challenges was ensuring that data from labs outside our immediate workplace aligned with our internal expectations. This is especially true during verification and biocompatibility testing. We…   Read more»

@ms3548 Although collaborations can offer advantages, they are not always the most efficient or economical method. Working in industry has taught me that collaborations such as the one between BoneFix and FactoSet bring about intricacies that may actually hinder decision-making…   Read more»

@ms3548 Adding to your point, its important to have the project teams and stakeholder have multiple ways to determine how to stay in scope with the project. Stuff like a simple cost-benefit analysis to decide whether a feature should be…   Read more»

@ms3548 Underestimating regulatory requirements is indeed a common pitfall that does not get enough attention in my view. Implementing steps for early and continuous regulatory engagement can ensure a company can properly plan their pathway for receiving approval for their…   Read more»

@ms3548 This is a thoughtful question! I think that Agile approaches are very efficient in handling changing project objectives since they prioritize flexibility and teamwork. By dividing the project into smaller, time-limited sprints, Agile enables teams to reevaluate priorities and…   Read more»