I would agree with the stats since what matter for me the most when I work for a company is Exciting and Challenging Work Career growth and development Working with great people I dont like repetitive work every day I…   Read more»

While retaining your employee is always beneficial to the company because that employee is knows companies culture knows the work structure of the company and also knows how to get work done from people within the company which is not…   Read more»

Outsourcing is best option for those who lacks the expertise or who lacks resources and this is the case with smaller companies. But now a days major pharma company is also outsourcing there clinical trial to CRO’s because it’s found…   Read more»

Work break down structure is basically tool used to help schedule,cost estimation and human resource management by breaking down a major work into various small work or thing that will be required to complete the bigger task. Various pitfalls seen…   Read more»

Metrics give us very important details on the project. A comparison between True value and projected value gives you insight on budget spent while a comparison between Standard Variance gives you insight on where you stand in terms of timeline…   Read more»

So I was working on my Capstone project for which we received sponsorship. It was a automated muscle stimulator for atrophy patient. While working on the project we first laid down timeline and we made milestone to complete and since…   Read more»

according to me schedule variance can occur due multiple factor especially those factor which affect the causes your project to lack behind in terms of progress and this factors are: Poor baseline schedule (does it reflect reality?) Subcontractor/vendor cannot deliver…   Read more»

In such cases project manager can talk to the department head and ask for a other person from that department to get to Know about the project and get started in place of the person who had his issue. This…   Read more»

Hi aashutosh it’s a good question to ask verification is something that you carry out to test weather your output meats your input requirement. Whereas your validation is where you check if your output meets user requirement. So for example…   Read more»

Changes can happen at any point of the project management lifecycle. The easiest way to make managing change on projects less of a headache is to know that it is going to happen and to plan for it. Having strategies…   Read more»

The project management schedule is a document that outlines what work needs to be done, the order in which it needs to be done, what resources are required, how they will be distributed, and how long different parts of the…   Read more»

Gantt chart is a real important tool which helps us keep a track of your project. It let us plan a project in advance and help keep in check very minute detail of the project. In particular in medical device…   Read more»

The Six Sigma management method philosophy focuses on better understanding of customer requirements, improving business systems throughout the organization, and enhancing the organization’s financial performance. It is used to improve the organization’s products, services and processes across various disciplines, including…   Read more»

Planning phase should cover as many pitfalls as possible for the project to complete but however hard you try its not possible to cover all of them since once you actually start doing the work you feel like the deadline…   Read more»

This is a very Interesting topic to Discuss on since its brings professional experience as well as new idea. As a PM i would first ask my team to study about the risk and complaints about other type of similar…   Read more»

I think Risk/Benefit ratio is something only used to decide at the beginning when the company has to decide whether or not to go ahead with the project. Whether the benefit is worth the risk or is Risk to high…   Read more»

If a company make any advertisement or any claim via any resources that company becomes liable to that claim in other words if company claims that’s there prosthetic limb can be used for extreme sports they have to do test…   Read more»

I would prefer to choose Matrix organization with a strong matrix i.e where project manager would have more power since that would mean once the project manager have the functional staff than staff has more responsibility towards project manager than…   Read more»

Whenever there is a change made to an existing device first thing a company should do is check whether the change affect safety, efficacy and performance of the device. This information can be documented in a Letter to file (document…   Read more»

Now a days many companies have been trying to release a multi purpose device with combination of drug and device. In this case products are classified according to nature of primary job it was originally made for but in cases…   Read more»