A Study of Reasons Behind Delays in Pharmaceutical Projects

The success of any project depends on various issues like completing the project in time and budget with quality, satisfying the customer. Though begun slowly, pharmaceutical industry has been aggressively implementing project management practices to handle projects systematically and in a goal-oriented manner. This study focuses on pharmaceutical projects and their delays. The progress of a number of real-world pharmaceutical projects is studied. The paper examines the accomplishment of service levels in terms of time from the perspective of internal project stakeholders. It attempts to investigate the causes for delays and the remedies for rectification. A framework is developed for the successful completion of projects in time.