Product-based planning: the importance of project and project management deliverables in the management of clinical trials
As the cost of clinical trials continues to rise organisations are looking at ways of managing this part of the drug development process as effectively and efficiently as possible. As a tactical response, many pharmaceutical companies outsource the management of clinical trials to clinical research organisations on a fixed-price contract basis. This paper presents an alternative approach based on the concept of Product-Based Planning. Key elements of the approach are the creation of a deliverables budget and the establishment of project management-related deliverables. The conceptual developments described in the paper are supported by a telephone survey of 10 UK practitioners. The survey confirms the prevalence and limitations of fixed-price contracts while highlighting a willingness to try a deliverable-based approach – initially through small pilot studies. The key barrier to implementing a new approach is resistance from key stakeholders, such as finance departments, which can be addressed through selling of the business case.
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Document Type: Research Article
Reader in Operations Management, Liverpool Business School, Faculty of Business and Law, Liverpool JM University, John Foster Building, 98 Mount Pleasant, Liverpool L3 5UZ, UK., Email: [email protected]
Principal Consultant, 1to1to1, 34 Romans Gate, Pamber Heath, Hants RG26 3EH, UK., Email: [email protected]
Publication date: 01 September 2007