Episode 312
Risk Mitigation for Statisticians
Interview with Jess Thompson
The Effective Statistician - in association with PSI
October 16, 202337m 54s
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Show Notes
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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