Resource Management: To Algorithm or Not to Algorithm?

Demand forecasting—the ability to project demand by role and project—is an important part of resource management. Companies conduct demand forecasting in several ways. Some have project managers enter demand by role for, say, 12 months. Others communicate standards to help drive consistency in how project managers estimate demand. Still, others create demand forecasting algorithms to[…]

Pharma: Not Everyone is a Project Manager But Everyone Manages Projects

The other day, a client asked me to define “project management.” I defined it broadly as the organization and management of work in an effective and useful manner. Based on that definition, I asserted that everyone in the pharmaceutical industry is a project manager. And I suggested that the more important question is not what project management[…]

Can Risk-Based Contracts Enhance the Sponsor-CRO Relationship?

The sponsor-CRO relationship continues to shift toward alliances and partnerships. It is no surprise that there is an emergence of risk-based or performance-based contracts in clinical trials.  One would think this would be a winning proposition for both parties. However, the comments I hear from our clients on both sides seem counter-productive to the relationships they[…]

Clinical Operations Process Improvement (Part II The Ultimate Metric)

There has been a big push recently to execute on more and more improvement projects.  This is thanks in part to the application of lean sigma for clinical operations. But, the financial benefits of an improvement project are not easy to figure out. For example, many such projects, and the metrics surrounding them, revolve around cycle-time[…]

Improving the Sponsor-CRO Relationship through Collaboration Portals

On any given day we see the announcement of a new strategic partnership or global alliance. Outsourcing to CROs is no longer big news. However, there is plenty of buzz over how these partnerships are performing.  With the mounting pressure for innovation and efficiency, sponsors need CROs more than ever in order to survive. Yet[…]