Piramal in a move to reabsorb Piramal Life Sciences
Piramal in a move to reabsorb Piramal Life Sciences

Piramal Healthcare, the renowned drug maker, is planning to merge its research and development (R&D) company Piramal Life Sciences back with itself, reports media. A possibility of merging Piramal Life Sciences back to the company was discussed earlier, but any final decision on this have not been taken so far, informed sources closed to the management.

Approaches in Project Management
Approaches in Project Management

[This article was published in the April 2009 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]

Traditional Approach
The traditional approach of project management identifies a sequence of steps to be completed. These can be distinguished as 5 components (4 stages and a control phase) in the development of a project. These are – (i) Project initiation stage; (ii) Project planning or design stage;(iii) Project ution or production stage; (iv) Project monitoring and controlling systems; (v) Project completion stage.

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