Clear roles and responsibilities for project managers and team leaders
can significantly improve alignment of skillsets and overall teamwork
A generally accepted principle for a successful business is great people, processes & products. This can be further simplified as “maximizing customer value and minimizing cost” of the product.
Consider the following:
- An excellent product development process should ensure maximum customer value while product cost is minimized
- Process improvement minimizes (or reduces) costs across the enterprise
- Project management ensures execution of product development, or process improvement products