Project Management Characteristics and New Product Survival

2003 ◽  
Vol 20 (2) ◽  
pp. 104-119 ◽  
Author(s):  
R. Jeffrey Thieme ◽  
X. Michael Song ◽  
Geon-Cheol Shin
Keyword(s):  
Project Management ◽  
New Product ◽  
Product Survival

Control of project data and team satisfaction as results of PMO effort in new product development projects

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Sanderson César Macêdo Barbalho ◽  
Gladston Luiz Silva
Keyword(s):  
Project Management ◽  
Product Development ◽  
New Product Development ◽  
Portfolio Management ◽  
New Product ◽  
Success Factor ◽  
Content Type ◽  
Team Satisfaction ◽  
Project Data ◽  
And Control

PurposeThis paper aims to explore how new product development (NPD)-based project management offices (PMOs) work, their drivers to deliver performance and their project success impact.Design/methodology/approachThe study used a survey of 35 Brazilian and multi-national companies that identified the effort to perform a list of PMO functions, some PMO drivers in the company and five project performance perception indicators. The authors apply a specific set of statistics to uncover the relations between these dimensions of interest.FindingsThe factorial analysis allows us to find the main functions influencing each other. The project teams’ perception of project management (PM) performance is suggested as a success factor that drives PMOs when working on portfolio management issues, managing project files and promoting PM over the company.Practical implicationsThis paper contributes to a contingency approach for designing a project machine involving PMOs to support NPD projects. Managers can set the most suitable PMO functions avoiding mimicry when structuring their NPD efforts.Originality/valuePMOs have impacted team satisfaction and control of project data but not indicators related to triple constraints.

scholarly journals New Product Management with the Application of the Manufacturing Company Project Portfolio Management Concept

2018 ◽  
Vol 1 (1) ◽  
pp. 613-619
Author(s):  
Anna Musioł-Urbańczyk ◽  
Barbara Sorychta-Wojsczyk
Keyword(s):  
Project Management ◽  
Portfolio Management ◽  
Management System ◽  
New Product ◽  
Product Management ◽  
Project Portfolio ◽  
Project Portfolio Management ◽  
Advertising Industry ◽  
Manufacturing Company ◽  
Management Concept

Abstract The article presents the project portfolio management system in a selected manufacturing company operating in the advertising industry in the field of new product project management. It discusses individual elements and structure of the system, and the scope of procedures performed within the system.

Globalised Adoption of Knowledge Management in New Product Development: A Conceptual Framework from Project Management Perspective

2021 ◽  
Vol 12 (1) ◽  
pp. 37-37
Author(s):  
Bak Aun Teoh ◽  
Wei Hong Ling ◽  
Amlus Ibrahim
Keyword(s):  
Knowledge Management ◽  
Project Management ◽  
Product Development ◽  
New Product Development ◽  
Success Factors ◽  
Market Competition ◽  
New Product ◽  
Development Project ◽  
Team Members ◽  
The Impact

The growth in new knowledge and technology has substantially increased the complexity of the projects that is strongly influencing the time, cost, and quality of the project management. Due to the volatility of the current market, the effectiveness of knowledge management (KM) could reduce the project uncertainties, project life cycle costs, and risks of new product development (NPD). Since NPD is regarded as the key to innovation due to its strong connection between the knowledge and core competence, the ways how the knowledge will be captured, created, and shared among the project teams is important to remain competitive in today's business and market competition. Hence, the modes of how they are created and shared between the project team members as well as the impact of KM towards NPD will be discussed in this paper. KM are normally created and transferred through the conversion between explicit and tacit knowledge, which can be further applied into the project management. Furthermore, the existing knowledge of the organisation can be evaluated by the actions of decision makers, hence, it is undoubted that a better knowledge can lead to measurable efficiencies in production and product development. The key success factors of KM that have been implemented will be discussed in this paper as well, which help to increase the probability of project success. Keywords: New Product Development; Project Management; Knowledge Management; Globalisation

The Role of Project Manager in SMEs for Developing New Product by E-Collaboration

2012 ◽  
Vol 433-440 ◽  
pp. 1637-1645
Author(s):  
Marjan Mohammadjafari ◽  
Ahmed Shamsuddin ◽  
Siti Zawiah Md Dawal ◽  
Hadi Zayandehroodi
Keyword(s):  
Project Management ◽  
Critical Success Factors ◽  
Success Factors ◽  
New Product ◽  
Medium Size ◽  
Manufacturing Companies ◽  
New Model ◽  
Critical Success ◽  
Electronic Collaboration ◽  
Global Organization

The research in this paper is based seeks to understand how manufacturing companies can accomplish of their projects in the real time with less cost. This paper describes a new model using critical success factors of implementing projects in the small and medium size enterprises (SMEs). The factors in conceptual model were identified in past studies and validate from the survey by interview with 20 project management in electronic industries in Iran. Several prior researches have suggested some critical success factors for reducing time and cost in new product. These factors are departments of product, planning, procurement and design. However, none of these studies has proposed a model that specifies practices that should be undertaken to facilitate the progression to reduce time and cost in new product in SMEs. Following this, a development of a new model is supposed important to help SMEs understand what is required in order to be an effective global organization in terms of reduce time and cost by electronic collaboration (E-collaboration) through project management.

Economic-Decision-Making in New Product Development

2020 ◽  
Vol 7 (1) ◽  
pp. 1-27
Author(s):  
Brian J. Galli
Keyword(s):  
Decision Making ◽  
Project Management ◽  
Product Development ◽  
New Product Development ◽  
New Product ◽  
Engineering Management ◽  
Economic Decision ◽  
Engineering Managers ◽  
Economic Decisions ◽  
Economic Decision Making

Economic decisions for a new product can impact any subsequent development, as well as the launching of the product. Furthermore, unsuccessful decision-making can result in missing business opportunities or spending more money on rework. This article investigates economic decision-making in the product development process. It also enhances the understanding of the process, the difficulties involved, and how to improve decisions during new product development. Thus, this study can serve as a reference when support methods for economic decisions are being initiated. Industrial engineers and engineering managers use economic decision-making for new product development. The results of this study indicate that economic decisions are vital to new product development, as they also bring radical changes in the fields of IE/EM/PM. The engineering management practitioner will understand the importance of these topics, their relevance to engineering management, and how engineering managers can integrate these ideas into their operations and project management lifecycle and project management settings. Economic decision-making models in IE/EM/PM should replace traditional non-scientific methods because they are inaccurate and speculative at best. Overall, by using the economic models, the engineering manager is prioritizing on the long-term prospect that the decision will have.

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