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[…]