Project Management in Pharmaceutical Research: Decision Making

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Added on  2023/02/01

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This report delves into project management practices within pharmaceutical research, focusing on the business decision framework used in drug development. It explores the importance of decision-making processes, particularly within a gated process environment, emphasizing the need for informed decisions to avoid late drug terminations. The report highlights the application of the waterfall approach to project management, detailing its phases and activities. Furthermore, it examines the clinical decision-making framework, emphasizing its role in improving patient care through quality judgment and critical thinking. The report references key literature to support its analysis of these crucial aspects of project management in the pharmaceutical industry.
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Running head: PROJECT MANAGEMENT
Project Management
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1PROJECT MANAGEMENT
Managing programs in Pharmaceutical research
The study is based on management of program related to business decision framework in
Pharmaceutical research. The decision making is the core function into the business organization
to develop the healthcare demands a firm to be innovative. The organization (Pharmaceutical
Research) uses gated processes such as treating stops along with project lifecycle as the decisions
along with a way. The decision making into the Pharmaceutical Research is centered on the
clinical problem solving framework to non-prescription usage, range of the clinical issues as well
as disease management. The main focus of clinical decision making is patients as well as entire
well beings (Haleem et al., 2015). The development decisions are taken as key significant
organizational elements which can emphasis and decisions are taken using decision making
methods. The business decision framework discusses issues around decision making. It is
possible framework to make effective decisions. Importance of decision making program is to
make optimal decisions while there is management of drug. The drug development decisions are
organizational elements should provide emphasis and decisions into the drug portfolio by means
of decision making methods should be used. The informed decisions help to avoid late
terminations of the drugs (Mehralian et al., 2016). The study is aimed to explore decision making
process throughout project lifecycle.
The organization is using project management approach for successful completion of the
project work. Waterfall approach to the project management is focused on allowing the project
team members to work on the project and throughout development to facilitate changes and
modifications required to reach the goal of the project (Arnold, 2016). Each phases of waterfall
model are designed to perform specific activities throughout SDLC phases. In the first phase,
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2PROJECT MANAGEMENT
detailed requirements of the system for the Pharmaceutical organization is developed and
gathered from the project client. In design phase, the software developer plans programming
language and higher level technical details of the project plan. After the designing stages, it is
build stage where coding of the system is done. In testing phase, the system is tested to verify
that it is built as per the project specifications provided by the project client. The system is
deployed in respective environment and once it is ready for using, it requires changing the code
based on customer’s requests.
The clinical decision making is a framework which required good quality judgment
included critical thinking. The clinical decision making can improve nurses gain experiences for
both the nurses and specialties (Freedman, Cockburn, & Simcoe, 2015). It is a contextual as well
as continuous process where the data are being gathered, and evaluated to select the audiences
based choices of actions. The nurses are making clinical decisions on daily basis so that
decisions have effect on health care of patients. They are conscious process to make decisions to
decide which evidences are used and through which patients. The decision making into the
healthcare shared medical related decisions to engage the patients as well as providers to process
into the collaborative processes to select clinical options which can reflect on patient’s
preferences.
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3PROJECT MANAGEMENT
References
Arnold, R. J. (2016). Pharmacoeconomics: from theory to practice. CRC Press.
Freedman, L. P., Cockburn, I. M., & Simcoe, T. S. (2015). The economics of reproducibility in
preclinical research. PLoS biology, 13(6), e1002165.
Haleem, R. M., Salem, M. Y., Fatahallah, F. A., & Abdelfattah, L. E. (2015). Quality in the
pharmaceutical industry–A literature review. Saudi Pharmaceutical Journal, 23(5), 463-
469.
Mehralian, G., Nazari, J. A., Zarei, L., & Rasekh, H. R. (2016). The effects of corporate social
responsibility on organizational performance in the Iranian pharmaceutical industry: The
mediating role of TQM. Journal of Cleaner Production, 135, 689-698.
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