Reducing time and efficient project execution is an objective in many industries and project management is one of the important keys for lead the company to this allegation. The project manager needs some tools for lead the firm to the success. Collaboration is one way to success and collaboration has many types, one kind is electronic collaboration. On the other hand, small and Medium Size Enterprises (SMEs) are a part of manufacturing industries. Combining a literature review with our empirical experience we found that relationship between the project manager and related departments for production is essential for reducing time and cost in new product development. In this study, we describe about some definition of project management, E-collaboration, SMEs and new product and review some articles around this area.