Develop Clinical Trial Data Strategy: Consultants
A YourEncore white paper says that although a data strategy is critical to the successful completion of clinical trials, only one-third of companies responding to a survey said they had such a strategy. “Each company should invest the time and resources to develop a comprehensive strategy,” the paper says.
The firm says it is critical to have a data strategy that:
- facilitates data standardization, leading to increased efficiency throughout clinical trial execution, from setup to reporting;
- documents policies in a central location to ensure consistent and rapid decision-making;
- documents how regulations are interpreted to ensure a consistent approach to compliance;
- identifies approved vendors and the process for approving new vendors to facilitate data integration;
- establishes a mechanism for evaluating and implementing new processes and technologies, ensuring a standard and cost-effective approach with appropriate oversight and cross-functional input; and
- measures the effectiveness of the data management processes and systems through key performance indicators and establishes productivity and quality targets.