PROJECT MANAGEMENT FOR NON-PROJECT MANAGERS SERIES - PROJECT MANAGEMENT IN THE BIOMEDICAL INDUSTRY
🎤 Charles Paul | 📅 July 11, 2024 | 🕒 11 AM Eastern Time US
Description:
Project management in the biomedical industry involves applying project management principles and techniques to the development and implementation of biomedical products and services. Biomedical projects can range from the development of medical devices and drugs to clinical trials and research studies. Effective project management is essential for ensuring that biomedical projects are completed on time, within budget, and to the required quality standards.
The project management process in the biomedical industry typically involves the following steps:
- Planning: This involves defining the project goals, identifying the scope of the project, and creating a project plan that includes timelines, budget, and resource requirements.
- Execution: This involves the actual implementation of the project plan, which may include designing and developing products, conducting research, and running clinical trials.
- Monitoring and Control: This involves tracking project progress against the plan and adjusting as necessary to keep the project on track.
- Closing: This involves finalizing the project and delivering the products or services to the end-users.
In addition to these steps, project management in the biomedical industry also involves several specialized considerations, including regulatory compliance, risk management, and stakeholder engagement.
Biomedical projects are subject to stringent regulatory requirements, so project managers must ensure that their projects comply with all relevant regulations and standards.
Risk management is also critical in the biomedical industry, as projects may involve significant financial investments and may impact patient safety.
Finally, stakeholder engagement is essential for ensuring that all relevant parties are involved in the project and that their needs and expectations are met.
This webinar will address the melding of effective project management procedures to this industry.
Why You Should Attend:
It is not possible to present a complete treatment of project management for this industry in the span of 90 minutes. It is however possible to focus on those most critical project management aspects that are critical to the success of any project within biotechnology and the biomedical industry in general. Project management is a critical component of the biotechnology industry, which involves the application of scientific principles to develop and manufacture products and services that can improve human health and well-being. The biotechnology industry involves complex processes and requires a high degree of precision and accuracy in project management. Without an understanding of basic PM tools and their unique application to this industry, it is not possible to effectively manage a project to successful completion.
Overall, effective project management is essential for the success of biomedical project development. By applying project management principles and techniques, biomedical companies can ensure that their products and services are developed and delivered in a timely, cost-effective, and high-quality manner.
This webinar will address those project management critical tasks within each project phase that must be performed flawlessly for effective project execution to occur and will provide the foundation and direction for future study of the subject.
Learning Objectives:
- Explain the characteristics of Biomedical Products
- Gain an understanding of the diversity of the technologies within the biotechnology community to identify the importance of the application of project management approaches to product development.
- State why project management is essential to Biomedical technological development.
- Identify the specific aspects of project management that must be addressed and focused upon.
Areas Covered in the Session:
- Characteristics of biomedical products:
- Complexity
- Imperfect Knowledge
- Safety
- Reproducible Patient Benefits
- Regulated Products
- Changing Environment
- Development Process
- Control of Design and Quality Assurance
- Information Technology Infrastructure
- System Integration
- Complex Cross-Functional Teams
- Clinical Trials
- Risk Management
- Management Considerations
- Diversity of Biomedical Industries and Technologies
- Why use a Project Management Approach
- Prioritization of Work
- Team Focus
- Supply Chains
- Product Lifecycle Control
- Processes
- Flexibility
- Senior Management Visibility
- Essential Project Management Considerations:
- Project Planning: This phase is critical to the success of the project as it sets the foundation for the entire project lifecycle.
- Risk Management: The biotechnology industry involves many inherent risks due to the complexity of the scientific processes involved.
- Resource Management: Effective resource management involves careful planning, budgeting, and allocation of resources to ensure that the project is completed within the specified timeline and budget.
- Communication Management: Effective communication helps to ensure that all stakeholders are informed about the project's progress, challenges, and changes in the plan.
Topic Background:
This webinar is intended for those that have a basic understanding of generic project management approaches; both traditional and agile. The focus of this training is to gain an understanding of the how and the what of those key PM approaches and how they can provide significant benefit to biomedical project success.
