Project Management Institute

Transfer of Technology

Techniques for Chemical and Pharmaceutical Projects

In using technology transfer when implementing pharmaceutical projects, project managers can more effectively accomplishing their project's goals and organizations can more successfully compete on a global scale by delivering difficult-to-realize products before these become outdated. Because of this, more companies are demanding that their project managers participate in the technology acquisition process. This article discusses techniques for acquiring the technology needed to implement chemical and pharmaceutical projects. In doing so, it examines the types of technological functions these projects demand, identifying both the quantifiable and the non-quantifiable parameters. It also details approaches for negotiating contracts with vendors; it lists five ways technology affects pharmaceutical projects and 17 sources for locating technology appropriate for the pharmaceutical industry.
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