How to Manage Operational Risk

There are many telling differences in the way small and big pharma companies operate. On the one hand, smaller companies have fewer infrastructures in place, working with modest resources and a small staff on deck from the outset. They also have greater flexibility as well as the ability to make decisions quickly. On the other hand, there are many drawbacks to being a small company. In this article on CLINICALTRIALSARENA explains how budgeting, planning and costing mitigate operational risks in clinical trials …