The medical field has seen great advancement in creating digital networks for patient information. I think a similar system can be put in place for project management. Many components of a project a...

In theory, there should be a direct correlation between talent of an employee and his or her performance. If this were the case, it would make sense to retain the most talented employees at all costs...

When preparing the budget for a clinical trial, it needs to be flexible. If the trial goes over-budget, the sponsor must cover the cost. Budget items can be categorized in one of two ways: 1) fixed ...

Preventative management is ideal. In a sense, reactive management leads to more of the documentation and other factors that you mentioned can lead to delays in progress. Preventative management is t...

The Monte Carlo Simulation can be used to model uncertainty in inputs or any problem having a probabilistic interpretation. It can be used to create prices for assets based on an average of hundreds ...

The easiest way to categorize these two is to say that quality assurance deals with verification while quality control deals with validation. QA looks to prevent quality problems through planned and ...

Part of the executing process involves information distribution, solicitation, source selection, and managing vendor relations. Most of the time and money of the project go into its execution. I wou...

I think each situation has different repercussions. Failing of experiments is something that should be accounted for during planning. Excessive failure of experiments may show that the project is not...

One experience that I had with this was in my undergraduate research. The research I was doing was in collaboration with another lab on campus. The other group with electrospin PLLA based fibers and...

This was something that was a very common issue when I took capstone. First of all our capstone group of 5 people had many individual commitments that made it very difficult to meet at the same time....

Similar too many other people who responded, I also experienced some setbacks during my capstone project. The project was to design an adhesive that would be applied to a graft intended to block a ce...

I don’t think that a company can authorize any of the unethical examples you just suggested. If a new regulation was established, designing a placebo study to circumvent this regulation would not onl...

This is a great question but I think it needs to be specified why the change in PM occurred. If it was due to that person leaving your company to take another job or personal reasons... etc. I believ...

As a project manager the first thing I would do is brainstorm with my team all of the possible project and product risks in the initial risk management meeting. For future meetings I think it would b...

I believe your post actually involves two different questions. You originally talked about project risks but then asked for an example of a product risk. Product risks refer to potential defects wit...