There is a significant gap between how manufacturing companies value specific aspects of their project execution and how they judge their performance. Better education in project management methodologies and standalone software tools alone will limit a company’s ability to perform at its highest level. A study by Engineering.com found that a web-based Product Lifecycle Management (PLM) solution is the best way for a company to fully achieve its best practices.
This white paper shares how a PLM solution with embedded project management can uniquely provide:
- Full alignment between projects and the product portfolio
- Coordination of a project’s schedule, resources and scope
- Automatic real-time status updates of project tasks
- Mitigation of project risks based upon real-time assessment of product development
Benefit from the unique value provided by PLM systems with embedded project management.