Developing Clinical Trial Budgets: Considerations, Best Practices, and the Role of Fair Market Value (FMV)
Developing clinical trial budgets is a critical component of successful trial planning and execution. Considerations and best practices play a significant role in ensuring accurate budget estimation, effective financial management, and the fair compensation of clinical sites. Fair market value (FMV) serves as a benchmark for estimating costs and negotiating fair compensation, fostering transparency and compliance with regulatory standards.
