Risk Mitigation for Statisticians
- Author
- Alexander Schacht and Benjamin Piske, biometricians, statisticians and leaders in the pharma industry
- Published
- Mon 16 Oct 2023
- Episode Link
- https://podcastae8fac.podigee.io/312-new-episode
Interview with Jess Thompson
- Understanding Risk Management
They discuss the importance of continuous risk assessment and proactive planning throughout a clinical trial's lifecycle. - Risk Identification
We discuss the importance of collaborative risk identification, the role of assumptions in assessment, and aligning team members' timelines for successful project completion. - Risk Assessment
Jess explains the importance of collaboration and input from team members when assessing risks using a 1 to 10 scale in order to accurately evaluate the likelihood and impact of identified risks. - Contingency Planning
Risk scoring, mitigation options, risk tolerance, contingency planning, and documentation/communication are essential for successful risk management. - Risk Reporting and Lessons Learned
Status reporting is an important tool for activating necessary plans, recognizing successes, and fostering a collaborative atmosphere while also documenting risks.
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