Clinical trials are fundamental tenets of the drug development process. Conducting a successful clinical trial hinges on a strong clinical plan and a competent investigator on the one hand, and a dedicated project manager and robust project management on the other. 1
This article emphasizes the need to retain skilled project managers as a critical aspect in achieving clinical trial success. (1)
Effective management is a crucial phenomenon in achieving efficient and quality clinical trial feasibility. Trial managers oversee the planning, execution, and supervision of the project, and ensure its completion within the stipulated timeline and budget. 1
As the ultimate team leaders, project managers possess the requisite leadership skills to not only motivate the team but also boost productivity. They ensure that the project roles and responsibilities are well understood among the team and align with the overall goal of the trial.
Project managers are proficient in risk mitigation and laying out robust contingency plans for the team. They ensure effective communication among team members regarding the trial specifics and progress.
A competent project manager turns a robust work plan into a success through strategic implementation. They remain clinically focused on the one hand while seeking to achieve business goals on the other. Ideally, a project manager should possess the following skills:2
As the industry experiences rapid growth, so is the increasing demand for competent managers. The success of trial projects hinges to a large extent on the input of experienced, competent, and reliable project managers who oversee the entire project management process.
Such managers earn the loyalty of sponsors; thus, increasing repeated business and upholding the organization’s reputation. A project manager links the team and the sponsor, and his change can adversely affect the harmonious working relationship and the ultimate project outcome. A significant amount of time and financial resources are required to change a project manager, particularly during an ongoing project trial. Notably, employee recruitment and orientation may take weeks, while completely integrating the team would be more time-consuming.
Companies may encounter challenges in retaining skilled project managers.3 Attracting and retaining such managers remains a fundamental requirement to achieving competitive advantage. Project managers are indispensable in achieving the desired trial outcome and performance; therefore, companies must address barriers to their retention to remain competitive.
Addressing Employee Retention Dilemma
Turnover has proven costly to companies. High turnover may adversely impact on the relationship between companies and sponsors, leading to business loss.
To overcome the challenge of turnover, organizations embrace myriad initiatives to retain competent managers.
Such initiatives may include;
The company embraces a meticulous recruitment process to ensure the hiring of a competent project manager. Offering careers in clinical research, Dokumeds provides career growth opportunities among project managers. It has a well-established program to oversee, manage, and evaluate the managers’ performance and provide organizational support. To retain the project managers, Dokumeds ensures job satisfaction through multiple approaches, including fostering open communication between managers and team members. Such initiatives justify the company’s low staff turnover rate below the industry as reported in 2020.
References
Author of the article: Janis Brix, CEO Wigwam