ABSTRACT
This chapter reviews the field of project management as practiced in biotechnology operations, notably by biopharmaceutical firms. It discusses the history of project management, the construction of a project team, and selection of a Project manager (PM), reviews operational principles and practices of leading a team, and provides information on project management tools and techniques. The project management environment in which a biotechnology product is developed matters to project management planning almost as much as the targeted product profile and product development strategy. Specifically, five elements like management decision and support, planning, feasibility to begin to move forward, estimate of completion, and decision points or milestones, must be in place because they form the foundation for successful product management. A biotechnology project team is composed of many individuals, and they are led in this regard by an appointed PM. In planning a new biotechnology project and preparing a project management plan, it is important to devise a Work breakdown structure.
