# #434: ICYMI (In Case You Missed It!) Project Management In Medtech

- Show: [Global Medical Device Podcast](https://hardwarepodcasts.com/podcast/global-medical-device-podcast)
- Published: 2025-11-24
- Length: 1h 02m
- Episode: 434
- Page: https://hardwarepodcasts.com/podcast/global-medical-device-podcast/2025-11-24-434-icymi-in-case-you-missed-it-project-management-in-medtech
- Listen: https://podcast.greenlight.guru/episode/434-icymi-episode-project-management-in-medtech

## Summary

Perry Parendo, founder of Perry Solutions, discusses project management challenges in MedTech, drawing on his background in defense and automotive industries. He advocates for using Monte Carlo simulations to manage technical, schedule, and cost risks, arguing that companies often fail by focusing solely on compliance rather than project execution. Parendo emphasizes that successful development requires balancing agile and traditional methodologies, managing team motivation, and making data-driven decisions to avoid 'gold plating' and delays.

## Chapters

- [0:00](https://hardwarepodcasts.com/podcast/global-medical-device-podcast/2025-11-24-434-icymi-in-case-you-missed-it-project-management-in-medtech#t=0) Introduction: Perry Parendo and MedTech Project Management
- [3:38](https://hardwarepodcasts.com/podcast/global-medical-device-podcast/2025-11-24-434-icymi-in-case-you-missed-it-project-management-in-medtech#t=218) Compliance vs. Project Risk and Gold Plating
- [10:57](https://hardwarepodcasts.com/podcast/global-medical-device-podcast/2025-11-24-434-icymi-in-case-you-missed-it-project-management-in-medtech#t=657) Agile, Waterfall, and Blended Methodologies
- [22:25](https://hardwarepodcasts.com/podcast/global-medical-device-podcast/2025-11-24-434-icymi-in-case-you-missed-it-project-management-in-medtech#t=1345) Monte Carlo Simulation for Risk Management
- [32:30](https://hardwarepodcasts.com/podcast/global-medical-device-podcast/2025-11-24-434-icymi-in-case-you-missed-it-project-management-in-medtech#t=1950) Innovation, Decision Making, and Set-Based Design
- [44:19](https://hardwarepodcasts.com/podcast/global-medical-device-podcast/2025-11-24-434-icymi-in-case-you-missed-it-project-management-in-medtech#t=2659) Team Motivation, Leadership, and Process Implementation

## Topics

- [Leadership, teams & culture](https://hardwarepodcasts.com/topic/leadership-and-culture)
- [Quality & yield](https://hardwarepodcasts.com/topic/quality-and-yield)
- [Scaling production](https://hardwarepodcasts.com/topic/scaling-production)
- [Validation & product-market fit](https://hardwarepodcasts.com/topic/validation-and-product-market-fit)
- [Careers & education](https://hardwarepodcasts.com/topic/engineering-careers-and-education)

## Most relevant to

early-stage companies

## Mentioned

- Greenlight Guru (company)
- Perry Solutions (company)
- General Motors (company)
- Boeing (company)
- MiniTab (tool)
- Microsoft Project (tool)
- At-Risk (tool)
- Crystal Ball (tool)
- ISO 14971 (other)

## Related episodes from other shows

- [184 - Program Management in Pharma & Devices: Phase Gates, Risk Planning, and Project FMEAs Explained](https://hardwarepodcasts.com/podcast/lets-combinate/2025-04-16-184-program-management-in-pharma-devices-phase-gates-risk-planning-and-project-f) (Let's Combinate)
- [126 - Combination Products Collaboration, Turnover on MedTech/Pharma Project Teams, and Lessons from working with Intel's CEO with Mat Stratton, Founder of Coalition Ltd](https://hardwarepodcasts.com/podcast/lets-combinate/2024-03-06-126-combination-products-collaboration-turnover-on-medtech-pharma-project-teams) (Let's Combinate)
- [202 - Becoming an Expert in the Work Nobody Wants to Do/Design, Risk, and the Messy Middle of Combination Products w/Joey Frechin](https://hardwarepodcasts.com/podcast/lets-combinate/2025-08-20-202-becoming-an-expert-in-the-work-nobody-wants-to-do-design-risk-and-the-messy) (Let's Combinate)
- [S2E31 How to Lead Engineers & Engineering Managers – Chris McKenzie](https://hardwarepodcasts.com/podcast/being-an-engineer/2021-07-16-s2e31-how-to-lead-engineers-engineering-managers-chris-mckenzie) (Being an Engineer)
- [024 - "Operating Under Constraints "with Naveen Agarwal](https://hardwarepodcasts.com/podcast/lets-combinate/2022-03-16-024-operating-under-constraints-with-naveen-agarwal) (Let's Combinate)

## Citing this page

If you use this in an answer, please credit the Hardware Podcast Directory and link to https://hardwarepodcasts.com/podcast/global-medical-device-podcast/2025-11-24-434-icymi-in-case-you-missed-it-project-management-in-medtech. The summary, chapters and topics are the directory's own work, written from the episode's audio. The episode itself, its title and its audio belong to Global Medical Device Podcast.