Best practice project management: an analysis of the front end of the innovation process in the medical technology industry
There are strong motivating factors for more effective project management practices at the front end of the innovation (FEI) process. Shrewd management of these pre-development activities has proven to be one of the greatest differentials for success. This study presents findings from an empirical...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
UMinho Editora
2022-02-01
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| Series: | International Journal of Information Systems and Project Management |
| Subjects: | |
| Online Access: | https://revistas.uminho.pt/index.php/ijispm/article/view/3931 |
| _version_ | 1818350583749279744 |
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| author | Tracey Giles Kathryn Cormican |
| author_facet | Tracey Giles Kathryn Cormican |
| author_sort | Tracey Giles |
| collection | DOAJ |
| description |
There are strong motivating factors for more effective project management practices at the front end of the innovation (FEI) process. Shrewd management of these pre-development activities has proven to be one of the greatest differentials for success. This study presents findings from an empirical case study analysis of a large organization operating in the medical technology industry in Ireland. We synthesized the literature to identify five critical success factors (CSFs) known to be effective in the successful management of the FEI process. From this analysis an instrument to assess best practices was developed. Data was collected from 66 engineers in the R&D discipline. The findings of the study show that the organization’s FEI phase aligns well with best practice. However, a difference between the level of agreement about the extent to which the critical success factors are in place in the organization and the level of importance placed on these practices emerged. This paper contributes to knowledge by (a) assessing the relative importance of critical success factors for the FEI in the medical technology industry, (b) examining whether these initiatives are implemented in practice and, if so, to what extent, and (c) providing a series of recommendations to help bridge the gap from theory to practice.
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| first_indexed | 2024-12-13T18:24:09Z |
| format | Article |
| id | doaj.art-b4fd038438324271ae7c0942aff19b5a |
| institution | Directory Open Access Journal |
| issn | 2182-7788 |
| language | English |
| last_indexed | 2024-12-13T18:24:09Z |
| publishDate | 2022-02-01 |
| publisher | UMinho Editora |
| record_format | Article |
| series | International Journal of Information Systems and Project Management |
| spelling | doaj.art-b4fd038438324271ae7c0942aff19b5a2022-12-21T23:35:38ZengUMinho EditoraInternational Journal of Information Systems and Project Management2182-77882022-02-0123Best practice project management: an analysis of the front end of the innovation process in the medical technology industryTracey Giles0Kathryn Cormican1National University of IrelandNational University of Ireland There are strong motivating factors for more effective project management practices at the front end of the innovation (FEI) process. Shrewd management of these pre-development activities has proven to be one of the greatest differentials for success. This study presents findings from an empirical case study analysis of a large organization operating in the medical technology industry in Ireland. We synthesized the literature to identify five critical success factors (CSFs) known to be effective in the successful management of the FEI process. From this analysis an instrument to assess best practices was developed. Data was collected from 66 engineers in the R&D discipline. The findings of the study show that the organization’s FEI phase aligns well with best practice. However, a difference between the level of agreement about the extent to which the critical success factors are in place in the organization and the level of importance placed on these practices emerged. This paper contributes to knowledge by (a) assessing the relative importance of critical success factors for the FEI in the medical technology industry, (b) examining whether these initiatives are implemented in practice and, if so, to what extent, and (c) providing a series of recommendations to help bridge the gap from theory to practice. https://revistas.uminho.pt/index.php/ijispm/article/view/3931critical success factorsbest practiceempirical analysismedical technology industry |
| spellingShingle | Tracey Giles Kathryn Cormican Best practice project management: an analysis of the front end of the innovation process in the medical technology industry International Journal of Information Systems and Project Management critical success factors best practice empirical analysis medical technology industry |
| title | Best practice project management: an analysis of the front end of the innovation process in the medical technology industry |
| title_full | Best practice project management: an analysis of the front end of the innovation process in the medical technology industry |
| title_fullStr | Best practice project management: an analysis of the front end of the innovation process in the medical technology industry |
| title_full_unstemmed | Best practice project management: an analysis of the front end of the innovation process in the medical technology industry |
| title_short | Best practice project management: an analysis of the front end of the innovation process in the medical technology industry |
| title_sort | best practice project management an analysis of the front end of the innovation process in the medical technology industry |
| topic | critical success factors best practice empirical analysis medical technology industry |
| url | https://revistas.uminho.pt/index.php/ijispm/article/view/3931 |
| work_keys_str_mv | AT traceygiles bestpracticeprojectmanagementananalysisofthefrontendoftheinnovationprocessinthemedicaltechnologyindustry AT kathryncormican bestpracticeprojectmanagementananalysisofthefrontendoftheinnovationprocessinthemedicaltechnologyindustry |