Critical Path Analysis and Risk Management of Extract Product for Panduretin A and Pinostrobin Product Development Project of Thailand Center of Excellence for Life Sciences (Public Organization)

The objectives of this study are 1) to analyze the critical path of the product development project and 2) Analyze and study risk management guidelines for product development project. by studying the details of the project according to the request for an extension of the project implementation period causing delays in the implementation of the project from reviewing the project management of the researchers or the person in charge of the project and planning the implementation. It was found that there were uncontrollable external factors causing the project to be unable to complete as planned. to help analyze the critical path of the project with CPM (Critical Path Method) techniques. The analysis results showed that the project had 11 critical activities out of 13 total activities due to 2 reasons: There is no emergency management plan. and no plan to support risks Methods for troubleshooting in order to control the cause include: Forms for risk reporting and project monitoring should be provided to facilitate the project committee members to be able to use them to control and monitor the performance according to the set schedule.

Authors

Publication Details

Journal
Journal of business and industrial development
Published
2024-08-29
DOI
https://doi.org/10.14416/j.bid.2024.08.001
Primary Topic
Construction Project Management and Performance
Type
article
Field-Weighted Citation Impact
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article

Critical Path Analysis and Risk Management of Extract Product for Panduretin A and Pinostrobin Product Development Project of Thailand Center of Excellence for Life Sciences (Public Organization)

Supakorn Charoenprasit, Chanaphon Saengruengrong, Choosana Tianthong
Journal of business and industrial development
Construction Project Management and Performance
article

Critical Path Analysis and Risk Management of Extract Product for Panduretin A and Pinostrobin Product Development Project of Thailand Center of Excellence for Life Sciences (Public Organization)

Supakorn Charoenprasit, Chanaphon Saengruengrong, Choosana Tianthong
article en

Abstract

The objectives of this study are 1) to analyze the critical path of the product development project and 2) Analyze and study risk management guidelines for product development project. by studying the details of the project according to the request for an extension of the project implementation period causing delays in the implementation of the project from reviewing the project management of the researchers or the person in charge of the project and planning the implementation. It was found that there were uncontrollable external factors causing the project to be unable to complete as planned. to help analyze the critical path of the project with CPM (Critical Path Method) techniques. The analysis results showed that the project had 11 critical activities out of 13 total activities due to 2 reasons: There is no emergency management plan. and no plan to support risks Methods for troubleshooting in order to control the cause include: Forms for risk reporting and project monitoring should be provided to facilitate the project committee members to be able to use them to control and monitor the performance according to the set schedule.

Journal of business and industrial developmentVol. 4(2)
Openalex Percentile: Top 70%
Construction Project Management and Performance
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Critical Path Analysis and Risk Management of Extract Product for Panduretin A and Pinostrobin Product Development Project of Thailand Center of Excellence for Life Sciences (Public Organization) — Supakorn Charoenprasit, Chanaphon Saengruengrong, et al. · Journal of business and industrial development (2024) | TGRS Research Map | TGRS