Using Historical Data to Forecast Trial Costs: A Strategic Approach
Using Historical Data to Forecast Trial Costs: A Strategic Approach Forecasting Clinical Trial Budgets with Historical Cost Data Introduction: The Importance of Data-Driven Budget Forecasting In clinical research, budget forecasting often begins with assumptions—estimated subject counts, visit complexity, timelines. But the most powerful predictor of future costs is past performance. By integrating historical trial data…
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