How to turn a failing project around
Medical device project teams are usually multidisciplinary. The team members often include a mix of project managers, engineers, regulatory experts, and clinical researchers, to name a few. These teams are also often cross-functional, with each team member having additional roles and responsibilities beyond a particular medical device project. As a result, the project is often influenced by: If not managed well, these may lead to project failure down the line. When that happens, your best bet is to leverage the expertise and collaborative skills of these diverse team members to…
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What are some signs that a project isn’t going well?
Imagine this scenario with me. You have planned your medical device project down to the tee. You have sufficient budget and resources to take it to completion. You have risk mitigation in place, and you think your project is going along swimmingly. And then suddenly…boom! Despite everything you have done to avoid project failure, your medical device doesn’t reach the market. Or if it does, there are significant time and budget issues. You wonder what you could have done differently. Don’t let that happen to you. Here are the top…
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A Step By Step Guide To Finding The Right Medical Device Project Manager For Your Business
Finding the right medical device project manager for your company means looking for someone who: Whether interim, full time or an external consultant, your project manager must know how to optimize your company’s resources to reach project goals on time and within budget. Here are the steps to ensure that happens. Finding The Right Medical Device Project Manager For Your Business Step 1: Start By Creating A Spreadsheet Of Viable Candidates Creating a spreadsheet will help you keep track of all the information you gather about potential medical device project…
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Gather Current Industry Feedback On Potential Medical Device Vendors
When it comes to finding the right medical device vendor for your project, what you don’t know can come to bite you later and cost you heavily. If you have current industry feedback on medical device vendors you want to work with, you can choose the best from the lot without worrying about: To do that, you need a failsafe method that actually works. Enter – the Networking Tree. When you leverage your network of peers and the industry (what Tom fondly likes to call a Networking Tree) the right…
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Why Can’t You Find A Qualified Medical Device Software Project Manager?
Waddell Group has seen increased demand for Software Project Managers for Medical Devices over the past several months. In our searches, these people are hard to find and extremely valuable when it comes to projects. Because they are scarce, there is a significant demand for their time, adversely impacting many medical device projects. Let’s understand why finding a good Medical Device Software Project Manager is difficult and potential solutions to combat it. The Importance Of A Medical Device Software Project Manager Information technology is advancing in leaps and bounds, and…
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From Critical to Cured: How to Communicate Critical Issues to Senior Management for Action
Any project manager worth their salt knows that bringing a medical device project to completion successfully requires quick decisions and timely actions. This includes ensuring that senior management sees and addresses critical issues on time. With their experience, expertise, and reach, they can resolve these issues efficiently. Thus mitigating risks, saving invaluable time, and securing smooth implementation for all. That’s why as tempting as it is to address these issues at the project level, it’s more important to communicate critical issues to senior management effectively. Getting senior management involved early…
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Our New Year Gift To You
Top 10 Resources Every Medical Device Project Manager Needs When it comes to medical device project management, we have a treasure trove of articles on our blog. This month, as a gift to you, we have decided to compile the top 10 into a list of resources to help you run your medical device project smoothly and successfully. Resource #1: Communicating Effectively As A Medical Device Project Manager. A highly successful project leader knows: for maximum impact. Understand why communication is the currency of leadership and how to use it…
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How to look for the right project manager for your medical device project?
A PMI survey suggests that organizations that fail to properly integrate project management into their strategies will see their outright project failure rate increase by a factor of 2/31. This includes the selection of the right project manager for your medical device project. Whether interim, full time or an external consultant, your project manager must know how to optimize your company’s resources to reach project goals on time and within budget. Let us help you look for a project manager with the right skills, temperament, and aptitude to lead your…
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How Project Managers Can Effectively Scope and Plan a New Project.
How do you complete a new project on time and within budget while maintaining company goals and objectives? Simple. Work on the project scope and plan a new project effectively before executing it. Easier said than done, you say. I hear you. In medical device project management, it’s common to have modifications during the project’s lifetime. We just need a way to stay ahead of these possible changes and challenges to execute the project effectively. That’s what we’ll discuss below. The article includes: The steps to scope and plan a…
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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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