What is Project Management (PM)?

Project Management Definition

Project management is the process of leading work with teams via objectives, tasks, and milestones to achieve success in the targeted time frame. Project management systems should provide the ability to review project status and determine whether the milestones can be achieved. Adjustments to tasks and milestones should be made to address scope, time, or budget constraints.

FAQs

What are the benefits of project management?

Project management can help you plan, manage, and execute your work in order to meet your project’s requirements on time. Your team can organize all the details of the work in one place, share feedback and progress, and collaborate more effectively.

*Source: https://asana.com

How many people are typically involved with project management?

Most project teams have between 6 and 10 people.

Does project management differ between medical and technical products?

The project management scope for medical devices is typically larger, encompassing a quality system, design controls, and other requirements set forth by various regulatory bodies. All internal teams and external partners (engineering, purchasing, manufacturing, regulatory affairs, quality assurance, suppliers, etc.) must be actively involved and keep the lines of communication open throughout the course of the project.

*Source: https://www.mddionline.com

Streamline Project Execution

With Arena Projects, track project progress and gain the visibility your company needs to speed product development.