Top 10 Resources Every Medical Device Project Manager Needs
When it comes to medical device project management, we have a treasure trove of articles on our blog. This month, as a gift to you, we have decided to compile the top 10 into a list of resources to help you run your medical device project smoothly and successfully.
Resource #1: Communicating Effectively As A Medical Device Project Manager.
A highly successful project leader knows:
- What to say
- How to say it
- When to say it
- Who to say it to
for maximum impact.
Understand why communication is the currency of leadership and how to use it effectively to get the most out of everyone while benefiting the project, team, and the medical device company as a whole.
Resource #2: Scoping And Planning A New Medical Device Project Effectively.
How do you complete a new project on time and within budget while maintaining company goals and objectives? Simple! Work on the project scope and plan a new project effectively before executing it. Easier said than done, you say. I hear you.
Here’s a resource that details the exact steps to scope and plan a new medical device project with ease. https://www.waddellgrp.com/scope-plan-a-new-project/
Resource #3: Understanding The Hierarchy Of Teams.
Abraham Maslow theorized that we as humans have a hierarchy of motivation that transcends from getting our basic human needs met to staying alive all the way through self-actualization. As a team of project managers, we see the same kinds of dynamics at play in the hierarchy of what a project team needs.
Waddell Group segmented four levels of team quality and identified the qualities of each. Further, we have identified attributes of these stages to enable identification of the level or stage at which your team operates.
Read about it in detail here: https://www.waddellgrp.com/hierarchy-of-teams/
Resource #4: Putting Together And Managing A Highly Successful Project Team.
A project is as successful as the team managing it. And when you are in the medical device space, there is a level of competence and intelligence that you expect from every member of your team. The stronger the project team, the more successful the medical device project. Which begs the question, ‘How do you put together and manage a highly successful project team?’
Resource #5: Motivating Your Team Members and Employees.
How to ensure that the highly qualified, enthusiastic, and frankly, great people to work with – stick around? Yes, money, benefits, position, and other tangible factors are important. But they aren’t the only things that motivate your employees. In fact, they don’t even top the list!
While a walk in the dusty past will show you that greed, honor, and fear are effective motivators, there’s something even better.
These resources will tell you what it is:
Resource #6: Establishing A Viable Medical Device Company.
We often meet people who have identified a problem that they want to solve and have set about inventing a potential solution to that problem. But what then? How do you get that idea to market?
Waddell Group is a part of the Medical Device Resources Group, a consortium of businesses that help inventors get their medical device through the many steps it takes to put a device on the market for sale commercially. In order to be a resource to inventors, we have created a flow chart to help them understand the different aspects of a medical device as well as the steps required for development.
You can check it out here. https://www.waddellgrp.com/so-you-want-to-make-a-medical-device/ And while you’re at it, you can also get access to a copy of the Medical Device Resource Group roadmap to establish a viable Medical Device Company!
Resource #7: Understanding The Medical Device Project Manager.
If you’re not aware of what a project manager for medical device companies can do, it can be easy to be trapped into thinking you can manage without them – reducing your financial investment.
But that would be a mistake.
PMI defines project management as “ the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.” They also say that organizations that undervalue project management report an average of 50% more of their projects failing outright.
To ensure that doesn’t happen, it’s imperative to understand what a qualified medical device project manager can bring to the table for a project’s success.
This resource will tell you what that is: https://www.waddellgrp.com/what-does-a-project-manager-for-medical-device-companies-actually-do/
Resource #8: Successfully Managing Remote Teams And Projects.
In October 2020, Waddell Group CEO Tom Waddell interviewed Courtney Jones, a skilled project manager with expertise in managing teams across the globe at Rebiotix, a Ferring Company. Jones’ experiences with project management during the COVID-19 pandemic have equipped her with the tools necessary to get the most out of her teams, and both Jones and Waddell agree that simple changes to your and your team’s processes will pay dividends in the long run. Although the current market environment has shifted from 2020, Jones and Waddell’s conversation still holds today. It will continue to be a practical addition to every project manager’s toolbox while managing remote teams.
Resource #9: Keeping High-Performing Talent
High-performing people are known for being great producers and are almost always aware of their value. They are first in line for whatever compensation the company gives, and both management and workers listen to them. However, other companies often know who they are too. They are likely the first to leave when the company is doing poorly or headed (in their view) in the wrong direction.
To ensure that doesn’t happen, you need to understand “What has high-performing talent actually “be” motivated at their job?”
Click on this post and find out:https://www.waddellgrp.com/the-challenge-of-keeping-your-high-performance-talent/
Resource #10: Understanding Integrity, A critical part of Medical Device Project Management
With its many moving parts to direct and risks to navigate, managing a new medical device project can be a challenging undertaking. Because of the stringent quality requirements in the medical device industry, project management principles such as project structure, setting goals, tracking status, risk management, and resource management are especially important, and leading this charge is integrity.
So, what exactly is integrity, and why should it be a critical part of project management? This article explains it all: https://www.waddellgrp.com/why-integrity-is-a-critical-part-of-project-management/
Ready To Become (Or Hire) A Rockstar Medical Device Project Manager In 2023?
Waddell group provides strategic-level project leaders for the medical device industry. Beyond essential project management skills, our highly experienced consultants know how to lead teams, manage in times of crisis, and influence change. We offer expertise other firms can’t.