Benefits of Project Management in R&D Projects (tufts center for drug development)

Successful project management links outcomes to strategic company goals
Tufts Center for the Study of Drug Development

June xx, 1999

Download the full article from here:  pm-in-rd-projects-tufts-center-for-drug-development.pdf

ANALYSIS AND INSIGHT INTO CRITICAL DRUG DEVELOPMENT ISSUES

MAIN IDEAS – ABSTRACT 

Matrix teams add value by transferring thinking and knowledge throughout the organization, not simply by conveying a US or European approach elsewhere.

Project planning and management ensure a more rigorous and strategic approach to portfolio management.

R&D teams are strongest when they remain independent of line functions.

When done successfully, benchmarking motivates the organization to excel.

Intra-company communication is of critical importance.  

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