ONLINE COURSE
Optimising Your Research Budget
Managing Financial and Personnel Resources for Senior Staff
“This session was a great overview on creating and negotiating Sponsor Lead research budgets. The group size was great for sharing knowledge and tips and the session facilitator was highly knowledgeable and passionate. I have left the session more confident and knowledgeable which will definitely help me with future budget reviews and negotiations!” – Lauren Marshall, Clinical Project Lead, Paratus Clinical
“I came into this workshop with a good understanding of budgets already. This workshop solidified the work I was already doing and also gave me a few tips and tricks I could incorporate as well. I walked away with confidence in the work I was conducting at my site.” – Laura Hewson, Senior Clinical Research Coordinator, Southern Oncology Clinical Research Unit
Clinical trials that fail to achieve their goals are often the result of the budget planning and financial decisions. A budget that is properly planned and implemented from the beginning of your clinical trial will save time, cost and effort in the later phases.
If you manage budgets and finances in a clinical research environment, this workshop is for you.
In this workshop, you will learn how to evaluate your financial situation effectively, identify hidden costs in your research, understand the various cost categories, optimise your contracts, and more. You will also learn about contract negotiations and managing FTE. This is an invaluable opportunity to make sure you’re doing everything possible to ensure that your unit’s financials are in order.
Learning objectives for each lesson are accomplished through a combination of theory and conceptual application within exercises. You will be given opportunities to practice, apply, and develop your finance knowledge and skills through review questions and practical exercises.
What will you learn?
At the completion of this session, you will be able to:
- Effectively evaluate your financial situation and define your financial needs, enabling you to make strategic financial decisions
- Understand the additional considerations for your budget, ensuring it is realistic so you can obtain appropriate funding
- Identify the hidden costs in research to avoid derailing your budget in the later phases
- Successfully navigate and optimise your contracts for ongoing site sustainability
- Understand the various cost categories in research so you can effectively allocate your trial finances
Facilitator
Melinda Goldman
Melinda Goldman has extensive experience in the Clinical Trials sector, working on both pharmaceutical and medical device studies, for industry-sponsored and grant-based studies. Melinda has a background in site business development, start-up management, clinical trial finance and participant recruitment. She has over 12-years’ experience in clinical trials and operations management, backed by a track-record in business development and a Bachelor of Business Management.
Melinda is the Senior Projects Manager with PRAXIS Australia. She leads the PRAXIS’s national Clinical Trial Coordinator Internship Program and supports research staff with their research training needs. She is passionate about education for clinical professionals to ensure sustainability for research sites in Australia.
Price
$599pp plus GST
*Savings available for group enrolments and for PRAXIS partner organisations.
Next Virtual Workshop
Wednesday, 29 May 2024: 10.00am – 14.00pm
Need training on demand?
This session can also be conducted at your location for groups of 10 or more. Ask us about this today.
PRAXIS Australia has the right to cancel a workshop or training session (or move the event format online) due to unforeseen circumstances such as low registration/attendance numbers or changes in Government restrictions surrounding the ongoing COVID19 pandemic. For more information regarding our Cancellation Policy and your rights as a student, please see our Student Terms and Conditions.
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