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  • aja38 replied to the topic Funding in Medical Devices Industry in the forum Introduction to Project Management 6 years, 11 months ago

    This is a tough decision but it will all depend on, will it actually work and help the public because there are projects that will not make it to the public due to malfunction and or delays. There must be a full through research done on the project. However, as other mentioned, the market gap should also be researched because you cannot produce a project that cost a huge chuck of money to a small group. The money invested will never be recuperated if it focus on a small group, every project should aim on larger population. I would have to do a full through research on the project and its marker before making any decision. It is a risk that someone can win a lot or lose everything.