Author Archives: Andrew Jacopino

Performance Based Contracting (PBC) Book

Posted on Sat 30 Dec 2017 by Andrew Jacopino

With the imminent start of 2018 many of us are thinking about our New Years resolutions, including me. One of my resolutions is to have finished a Performance Based Contracting (PBC) book by 1st July 2018. Having already worked for … Continue reading →

Posted in Book, the How, the What, the Why | Tagged PBC, PBC Book, PBL, PBL Book, Performance Based Contracting, Performance Based Logistics | Leave a comment

Happy 2017 Holidays to all the Performance Based Contracting (PBC) Blog Readers

Posted on Sat 16 Dec 2017 by Andrew Jacopino

At this joyous time of year, we are grateful for the time we can spend with our own friends and family, and we wish you all abundance, happiness, and peace in a New Year filled with hope. Happy holidays!

Posted in Admin, Holiday Message | Tagged PBC, PBL, Performance Based Contracting, Performance Based Logistics | 2 Comments

Reliability in Performance Based Contracts (PBCs) – Part 2

Posted on Sat 09 Dec 2017 by Andrew Jacopino

In the previous article (see Reliability in PBCs – Part 1) we defined how reliability of a system or service could be used in a Performance Based Contract (PBC) including defining whether we were measuring success or failure, and whether … Continue reading →

Posted in Performance Measure, the How | Tagged PBC, PBL, Performance Based Contracting, Performance Based Logistics, Performance Management Framework, performance measure hierarchy, performance measures | 1 Comment

Reliability in Performance Based Contracts (PBCs) – Part 1

Posted on Sat 02 Dec 2017 by Andrew Jacopino

“I can predict things. I can improve the uptime and the reliability. I can intervene and cause a better outcome before there’s a problem. ” Michael Dell In previous articles I described how to consider availability in Performance Based Contracts … Continue reading →

Posted in Incentives, Performance Measure, the How | Tagged incentive, PBC, PBL, Performance Based Contracting, Performance Based Logistics, performance measure hierarchy, performance measures | 2 Comments

Treatment of Safety in a Performance Based Contract

Posted on Sat 07 Oct 2017 by Andrew Jacopino

One topic that has constantly come up over the years is how to treat safety in a Performance Based Contract (PBC). In a previous article (see Designing Successful Performance Based Contracts) we described a PBC as having two main parts; … Continue reading →

Posted in Behaviours, Consequence Analysis, safety, the Why | Tagged LTIFR, PBC, PBL, Performance Based Contracting, Performance Based Logistics, Performance Management Framework, performance measures, PMF, safety | Leave a comment

Performance Based Contracting (PBC) Incentive Regime (Part 2)

Posted on Sat 23 Sep 2017 by Andrew Jacopino

In the previous article (see PBC Incentive Regime (Part 1)) I described the various benefits to both buyer and seller of having an incentive regime in a Performance Based Contract (PBC). In this article, let’s look at how to successfully … Continue reading →

Posted in Incentives, the How, the What | Tagged incentive, PBC, PBL, Performance Based Contracting, Performance Based Logistics, Performance Management Framework | 1 Comment

Performance Based Contracting (PBC) Incentive Regime (Part 1)

Posted on Sun 10 Sep 2017 by Andrew Jacopino

“Incentive – a thing that motivates or encourages someone to do something.” Oxford Dictionary There is a lot of debate on the use of incentives in Performance Based Contracts (PBC). Some argue, especially buyers from public sector organisations (e.g. state … Continue reading →

Posted in Benefits, Incentives, the Why | Tagged incentive, PBC, PBL, Performance Based Contracting, Performance Based Logistics, weighted performance score, WPS | 2 Comments

Achieving Balance

Posted on Sat 19 Aug 2017 by Andrew Jacopino

“Everything should be made as simple as possible, but not simpler.” Albert Einstein I recently saw a video by Eric Barker author of “Barking Up The Wrong Tree.” In this video Barker reveals, based on two researchers at Harvard (Nash … Continue reading →

Posted in Performance Measure, the What | Tagged balance, Key Performance Indicator, PBC, PBL, Performance Based Contracting, Performance Based Logistics, performance indicators, Performance Measure, performance measures | Leave a comment

Cost Performance Measures

Posted on Sat 05 Aug 2017 by Andrew Jacopino

Business, that’s easily defined – it’s other people’s money. Peter Drucker In addition to using the Basis of Payment as a method for shaping the cost behaviour of the seller it is also possible to use a “cost” performance measure … Continue reading →

Posted in Performance Measure, the How | Tagged Basis of Payment, Cost, PBC, PBL, Performance Based Contracting, Performance Based Logistics, performance indicators, Performance Measure, TCO, Total Cost of Ownership | Leave a comment

Designing a Subjective Performance Measure (Part 2)

Posted on Sat 22 Jul 2017 by Andrew Jacopino

In the previous article (Designing Subjective Performance Measures (Part 1)) we defined the typical performance levels used in subjective performance measures. In this article we will look at how to set these performance levels by defining the scoring process. Defining … Continue reading →

Posted in Performance Measure, the How | Tagged PBC, PBL, Performance Based Contracting, Performance Based Logistics, performance indicators, performance measures, subjective performance measures | 2 Comments