Managing a portfolio of clinical trials is particularly challenging today; the size and complexity of studies continues to grow while budgets are under ever-increasing scrutiny. The IBM Cognos Clinical Modeling and Resource Tracking Performance Blueprint provides a streamlined, best-practice planning, forecasting, analysis and reporting tool for clinical trial forecasting of recruitment, enrollment, resource requirements, profitability and cash flows. It can be used to track income, costs and cash flows by clinical trial or geographical area, and it can be used to manage staff resources by location.
This Blueprint—together with IBM Cognos performance management software—provides a reliable, consistent modeling tool that helps life sciences companies run their clinical trials more efficiently. It uses drivers and study timelines to efficiently predict study income, costs and resource requirements over the life of a study. The IBM Cognos Clinical Modeling and Resource Tracking Performance Blueprint includes functionality to:
- Update patient numbers and see immediate impact on study profitability.
- Allocate patients to countries and specific sites within each country.
- Allow flexibility in updating and evaluating the profitability of using various recruiting methods.
- Enter individual visit start dates to drive accurate profitability and resource requirement projections across the study timeline.
- Enter staff time requirements by visit to calculate very detailed and accurate forecasts of resource requirements by site.
- Evaluate resource requirements at the position and facility level by month to ensure that the right mix of staff is in place to avoid bottlenecks.
Learn more about the IBM Cognos Clinical Modeling and Resource Tracking Performance Blueprint.
