Bill Allbee, Founder and Principle consultant, presented at the  Project Management Institute Pharmaceutical Specific Institute’s annual meeting on: Forging a path through the  Valley of Death: Mitigating early stage project risk. biotechnology sector has been hit hard with volatility

in global markets and is constrained by cash-flow pressures. Many companies live with a cash-constrained reality, knowing that if they are not successful, their extinction may be imminent. Critical tools as well as methods and models can provide a framework that can

improve project success. When applied, these techniques, can help align business objectives and drive to the successful delivery of novel products. Innovative PM solutions are indispensable for business success and have enormous implications that can lead to effective development strategies. Creative solutions can help improve the odds of success for bio-science partners and bring novel and innovative technologies to the market.

Bill Allbee, PMP, Founder and Principle Consultant of ABS Pharma Projects, LLC (www.abspharmaprojects.com) will speak at the inaugural Project Management Institute (PMI) PharmaSIG conference, “Innovative Project Management to Succeed in the Dynamic Biopharmaceutical Environment,” to take place at the Westin Philadelphia, March 15 - 17, 2010.

His presentation ‘Strategic Alliance Partnering: Implementing Successful Partnering Strategies to Improve the Odds of Success in Outsourced Development Projects’ will examine the impact of 3rd party relationships on the overall process and development of strategic projects and the role of the Project Manager in gaining maximum effectiveness in managing these relationships.

For more information or to register online, visit http://www.fanfares.com/2010/sigconference.html

The PMI PharmaSIG’s mission is to provide a forum for networking and the exchange of ideas and information with fellow professionals, advance state-of-the-art techniques in project management and to enhance the skills and knowledge of the project management professional in the health care industry.  For more information, visit http://www.pharmasig.org/

ABS Pharma Projects, LLC, a strategic development consulting and training company, recently published a paper on the value of developing strategic alliances to support life-science development projects. Why are partnerships becoming more and more vital to advance projects and help mitigate development risk?

Pharma and Biotech product development: moving sideways to get ahead

ABS Pharma Projects, LLC, will be offering a drug development training course:

From Concept to Clinic: Pre-Clinical Project Management.

This course will teach you to master:

• Pre-Clinical PM Roles
• Building Pre-Clinical Team Requirements
• Matrix and 360-Degree Management
• Change Control Process Implementation
• Comprehensive Risk Mitigation Plan
• Developing a Gap Analysis Plan
• Initial Regulatory Submission Plan
• Creating RACI Diagrams
• Product Profiles and Draft Labels
• Third Party Contractors
• Strategic Partner/SME Relationships
• Cultural and Remote Issues
• Preparing for Regulatory Filing

Contact Bill Allbee, PMP, for further details and information on how to register.

wallbee@abspharmaprojects.com

Life science development requires innovative tools and techniques that are aligned with business objectives. Strategic project management provides the methodology and processes needed to implement development objectives. Read how Project Management can provide companies a competitive advantage in the development of Bio and Pharma products. Value added integrated Project Management for Life Science Companies

See us at www.abspharmaprojects.com

Or e-mail us at: wallbee@abspharmaprojects.com

A life science development company was established that specializes in partnering with emerging and early stage life science to offer quality, innovative project management services.

ABS Pharma Projects, LLC, applies the tools of project management to deliver increase the odds of success and deliver tangible results. ABS PP specializes in helping organizations build internally using tools and tailored solutions.

Bill Allbee serves as the President and Principle Consultant. He has 30+ years in pharmaceutical research and development across the life cycle continuum.

See us at www.abspharmaprojects.com

e-mail at: info@abspharmaprojects.com