What does a Project manager for Medical Device Companies actually do?
If you’re not aware of what a project manager for medical device companies can do, it can be easy to be trapped into thinking you can manage without them – reducing your financial investment. But that would be a mistake. PMI defines project management as “ the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.” They also say that organizations that undervalue project management report an average of 50% more of their projects failing outright. A good project manager manages and optimizes the…
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8 Types of Medical Device Projects Waddell Group Consultants Work On.
Managing any medical device project can be a challenging undertaking. From setting up your first medical device manufacturing site to complying with quality and regulatory directives to finally bringing your product to the market, the project scope is relatively large – requiring multiple communication channels across multiple functional areas. So it makes sense when – despite the details on our services page – project managers and medical device companies ask us, “What kind of medical device projects do Waddell Group Consultants actually work on?” In a nutshell, Waddell Group provides…
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Right Sizing your Quality System: Three Unique Approaches
In our previous blog post, we highlighted how the right management and development approach to your quality system can achieve competitive speed to market in the current medical device landscape. It can improve your medical device development time to clinical studies enabling you to do more projects simultaneously. And should those projects be successful, improve your profits. In this post, we will continue the conversation by looking at three quality system management approaches taken by medical device companies. And how that will – or won’t! – align with your product…
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Communication is the currency of leadership
Medical device project management often involves cross-functional teams and people with different skill sets, experience levels, and talents. Plus external stakeholders and a peer network to manage. A skilled medical device project leader needs to know how to get the most out of everyone while benefiting the project, team, and the medical device company as a whole. That’s where communication comes into play. For, a large part of project management and leadership is to understand the intent of the project and communicate it with the necessary stakeholders while clarifying: Their…
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Project Management Leadership: Removing team members from a medical device project
A member of your project team is not coming up to scratch. You’ve done everything in your power to help them be the right fit for the medical device project and the team. But you do not see any significant changes. While challenging, sometimes the only choice you can make as a medical device project manager is to remove them from the project team. But before you take that irreversible step of removing team members from your project, you need to be clear on these three things: 1. Determine if removing…
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How to Put Together and Manage a Highly Successful Project Team
A project is as successful as the team managing it. And when you are in the medical device space, there is a level of competence and intelligence that you expect from every member of your team. The stronger the project team, the more successful the medical device project. Which begs the question, ‘How do you put together and manage a highly successful project team?’ How do you select the right team members who can work together? How do you select the right medical device project manager for your project team? …
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7 skills every medical device project manager should have
The Project Management Institute estimates that by 2027, the number of project management roles will increase by 33 percent, creating nearly 22 million new jobs for qualified project managers.1 A great time to be a project manager if you have the required skills. And if you are a medical device company that will eventually hire a project manager or a project management consultant it’s important to know the skills every medical device project manager should have. Afterall, the project management skills of a medical device project manager are slightly different…
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Why Emotional Intelligence Matters in Medical Device Project Managers
It’s important to recognize what powers a team to deliver the best they can when it comes to medical device projects. Is it the power? Purpose? Prestige? It’s the project manager’s responsibility to understand team members’ verbal and non-verbal cues to keep them motivated and high functioning. That’s where the emotional intelligence of the medical device project manager comes into play. The following factors characterize the emotional intelligence in project managers. The project manager’s awareness of self It is not possible to lead and guide others without being aware of…
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3 Ways to Motivate Your Employees: Project Management Leadership
How to ensure that the highly qualified, enthusiastic, and frankly, great people to work with – stick around? Yes, money, benefits, position, and other tangible factors are important. But they aren’t the only things that motivate your employees. In fact, they don’t even top the list! While a walk in the dusty past will show you that greed, honor, and fear are effective motivators, there’s something even better. And that’s an employee’s satisfaction with the project. If you want to motivate your employees, ensure they’re satisfied. This satisfaction stems from…
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Essential Elements and Stages Of A Medical Device Development Project
There are a lot of complex moving parts in all the stages of a medical device development project. Plus, the exact process for development projects differs across companies, industries, and regions. Market and regulatory requirements that hold true for European companies may not be applicable for a company in the USA. A company located elsewhere but wanting to market to Europe would have different requirements. And so on. As a result, no two medical device development projects are the same. But there’s one thing they all share. Any medical device development…
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