Understanding the Process of Standing Up a New Portfolio
Exploring the steps involved in establishing a new portfolio, this document discusses the key tasks and timelines required for successful setup. It covers aspects such as assessing the rationale, developing a workplan, and organizing various meetings to align on objectives. The process is estimated to span over seven months, with detailed involvement from different teams and stakeholders.
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Presentation Transcript
Suicide Prevention AMP Suicide Prevention AMP Stand Stand- -up Discussion up Discussion April 25th, 2023 1
Agenda Agenda Topics Topics Objectives Objectives Current Prototype Portfolios AMP stand-up timeline in ISRM Current Pilot Portfolios and Timeframe for Next AMP Stand-ups Assessment Workplan Document and Processes Production Steps to Stand Up a New Portfolio Meeting Objective To align on timeframe and key tasks for standing up a new portfolio 2
ISRM Pilot Portfolios ISRM Pilot Portfolios ISRM s 4 Pilot Portfolios will test out different leadership, funding, and review models Health Systems Broad Portfolio Behavioral/Mental Health Broad Portfolio Precision Oncology AMP Pain / Opioid Use AMP Director-led Model Single Senior PM Model Leadership Model Rotational Model of 4 Scientific PMs Single Senior PM Model Clinical Science R & D D Clinical Science R & D D Clinical Science R & D D Clinical Science R & D D Competitive Budget Funding Model Competitive Budget Defined Budget Defined Budget Standard Merit Review Accelerated + Standard Merit Review Review Process Accelerated + Standard Merit Review Standard Merit Review 1/31/2023 6/1/2023 Launch Date 11/1/2022 1/31/2023 3
ISRM Pilot Portfolio Data and Expected New AMP Stand ISRM Pilot Portfolio Data and Expected New AMP Stand- -ups ups ISRM s 4 Pilot Portfolios will provide full data for analysis ~ April 2024 Behavioral/Mental Health Broad Portfolio Precision Oncology AMP Pain / Opioid Use AMP Health Systems Broad Portfolio Clinical Science R & D D April 1, 2024 Clinical Science R & D D Sep 1, 2023 Clinical Science R & D D April 1, 2024 Clinical Science R & D D Oct 1, 2023 Data Expected Expected timeframe for new AMP stand-ups is 2024 after testing pilot portfolios and analyzing data 4
What does it mean to fully stand What does it mean to fully stand- -up a new portfolio? up a new portfolio? 3 Basic Steps to Stand up a New Portfolio Estimated Time: 7 Months Month 1 1. Assess rationale for new portfolio 2. Develop workplan to include meetings and production of documents and processes A. Meetings may include: 1. CRADO 2. ISRM Leadership (Cadence TBD) 3. HR (Cadence TBD) 4. Finance (Cadence TBD) 5. Regulatory Review IACUC, IRB 6. Work Groups (Cadence TBD) 7. Executive Committee (Cadence TBD) 5
What does it mean to fully stand What does it mean to fully stand- -up a new portfolio? up a new portfolio? 3 Basic Steps to Stand up a New Portfolio Estimated Time: 7 Months Months 2-7 3. Produce Documents and Processes 6
Questions Questions Thank You Questions? 7
