Monthly Archives: September 2019

Inputs, Output and Outcomes – Part 1

Posted on Sun 29 Sep 2019 by

Much has been said about outcomes recently.  Indeed, many buyers seek to use Performance Based Contracts (PBCs) to contract for outcomes, because they are attracted by the simplicity of using a PBC.  But this could be a costly mistake if … Continue reading →

Posted in Contract Consequences, outcomes, Performance Measure, the How, the What, the Why | Tagged , , , , , , | 2 Comments

The Mathematics of a Performance Based Contract (PBC) – Part 2

Posted on Sat 21 Sep 2019 by

In the previous article (see The Mathematics of a Performance Based Contract (PBC) – Part 1) I described how a standard Australian Department of Defence Non-Linear PBC Payment Curve could be described by 2 equations for straights lines of the … Continue reading →

Posted in Basis of Payment, Consequence Analysis, Contract Management, payment curve, the How | Tagged , , , , , | Leave a comment

How to Successfully Manage a Performance Based Contract (PBC) – the Prequel

Posted on Mon 16 Sep 2019 by

I get many questions from readers of the blog on how to successfully manage a Performance Based Contract (PBC) including what are the critical areas that they need to be aware of. While many of my posts including discussion points … Continue reading →

Posted in Contract Management, IACCM, PBC Training, the How | Tagged , , , , , , | Leave a comment

The Mathematics of a Performance Based Contract (PBC) – Part 1

Posted on Sat 07 Sep 2019 by

Over the 15 years of applying and teaching Performance Based Contracting (PBC) I have always had trouble trying to describe the mathematics of PBCs, especially to those who Reminded by my family’s current viewing of the US TV Series, Numbers, … Continue reading →

Posted in Consequence Analysis, payment curve, Performance Measure, the How | Tagged , , , , , , , | 2 Comments