Effective resource allocation and management is a critical success factor for project portfolio management. Projects can only achieve their intended goals when the right resources with the necessary skills and experience are assigned to the appropriate work packages. However, this task is often fraught with challenges which can result in over or under allocations, delayed […]
Effective project management is crucial for driving strategic success. However, navigating project portfolios can be challenging due to siloed data, fragmented collaboration, and outdated practices. Planisware Orchestra is a comprehensive PPM solution to streamline decision-making, foster collaboration, and ensure adoption of best practice project management practices across organizations. This platform is equipped with modules for end-to-end […]
What is an Executive Dashboard? Executive dashboards are business monitoring tools used to track performance across Research & Development, Commercialization, and Sales & Marketing. They provide a single visual representation of KPIs and critical metrics relevant to business. These dashboards serve as a centralized hub, aggregating data from various departments such as sales, research and […]
In the dynamic domain of pharmaceutical research and development, data is emerging as a lifeline where new innovations are transforming our lives every day. The pharmaceutical industry captures an enormous amount of data throughout the drug development process. According to McKinsey, impact of advanced analytics will drive between 15% and 30% improvement of EBIDTA (Earnings […]
Life sciences companies are under increasing pressure to develop new drugs and therapies, optimize their operations, and remain competitive in a rapidly evolving market. An effective way to achieve this is by utilizing the enormous amount of data to extract valuable insights which can fuel data backed decisions. Adopting analytics and staying updated with the […]
R&D funds in pharmaceuticals are scares, it is important that they be allocated wisely. Companies often find it difficult to decide on which resources to pursue or, at times even more significant which resources to retire or discontinue. Are you making these common mistakes? Guesstimates: Your next project or project phase is about to start, you hold a team meeting, and based […]
Prioritization at a strategic and operational level is often the difference between success and failure, but many organizations do this poorly and this leads to utter chaos and ultimate failure of the project. Sometimes the senior executives are under the impression that they’ve made the priorities crystal clear, but in reality, they’ve made a real […]
One goes through different stages of project management whether be it while being in charge of developing a website, designing a car or moving a department to a new facility. Most phases have different qualities yet they overlap. Here’s an overview of each phase and its typical activities Planning: How to map out a […]
Skilled project managers are critical to businesses. They lead and implement complex, project-based processes supported by teams of workers. They oversee the individual tasks that move a project toward completion. Therefore, it would be fair to say that the ultimate success or failure of a project depends in large parts on the project manager’s competency. […]
