A Review of Literature on Reducing Time and Cost of New Product in SMEs through Project Management by E-Collaboration

Efficient project execution is an objective in many industries, and existing project management research gives direction about how project team factors influence two important capital project outcomes: time and cost. In addition, use of electronic collaboration (E-collaboration) technologies is essential for supporting projects. Combining a literature review with our empirical experience, we constructed a theoretically based, four-dimensional model of department of design, department of planning, department of production and department of procurement. One major practical implication of our findings is that relationship between project manager and four noted departments by E-collaboration is vital for reduce time and cost in small and medium size enterprises (SMEs). In this article, we describe project management, E-collaboration, SMEs and new product and review some article around this area.