Category Archives: the How

The detailed actions that need to be undertaken to make your PBC a success.

Responding to a Performance Based Contract (PBC)

Posted on Sat 26 Sep 2020 by Andrew Jacopino

“See first, think later, then test. But always see first. Otherwise, you will only see what you were expecting. Most scientists forget that.” Douglas Adams One area not usually covered in the discussions of developing and operating better practice Performance … Continue reading →

Posted in Responding, the How | Tagged Dr Andrew Jacopino, PBC, PBL, Performance Based Contracting, Performance Based Logistics, Responding to a PBC | 1 Comment

How Many KPIs Should My Contract Have? – Part 2

Posted on Sat 04 Jul 2020 by Andrew Jacopino

In the previous article (see How Many KPIs Should My Contract Have? – Part 1) we examined the benefits and costs of using performance measures. In this article we are going to examine how to balance the benefits versus the … Continue reading →

Posted in Performance Measure, the How | Tagged Dr Andrew Jacopino, Key Performance Indicator, KPI, PBC, PBL, Performance Based Contracting, Performance Based Logistics, Performance Measure, performance measures | 1 Comment

How Many KPIs Should My Contract Have? – Part 1

Posted on Sun 21 Jun 2020 by Andrew Jacopino

A colleague of mine sent me the following cartoon that made me laugh. The very talented cartoonist Tom Fishburne sketches tongue-in-cheek how people tend to view key performance indicators (KPIs). As a Performance Based Contracting (PBC) practitioner I cannot remember … Continue reading →

Introducing the Power By The Hour Approach

Posted on Sat 14 Mar 2020 by Andrew Jacopino

In designing a Performance Management Framework (PMF) for a new Performance Based Contract (PBC) the team asked about using a “Power by the Hour”™ approach and asked my opinion. Given the general similarity between Power by the Hour and PBC … Continue reading →

Posted in Performance Measure, the How, the What | Tagged availability, Dr Andrew Jacopino, PBC, PBL, Performance Based Contracting, Performance Based Logistics, Performance Management Framework, performance measures, Power by the Hour | Leave a comment

Corporate Social Responsibilities (CSR) or 1 + 1 = 3

Posted on Fri 31 Jan 2020 by Andrew Jacopino

At the 2020 World Economic Forum held between 20-23 January 2020 in the mountain town of Davos, governments, organisations (both for profit and not-for-profit) and individuals discussed how they can better deliver the United Nations Sustainable Development Goals (SDGs). Central … Continue reading →

Posted in Corporate Social Responsibility, Outcome, outcomes, the How, the Why | Tagged Contract, Corporate Social Responsibility, Davos, Dr Andrew Jacopino, PBC, PBL, Performance Based Contracting, Performance Based Logistics, SDG, Social Value, Sustainable Development Goals, UN, United Nations, United Nations Sustainable Development Goals | Leave a comment

Supply Chain Performance Measures

Posted on Sat 14 Dec 2019 by Andrew Jacopino

“There is an immeasurable distance between late and too late.” Og Mandino While driving to work the other day I listened to a discussion on the longest time listeners had waited for a parcel to arrive. One caller said they … Continue reading →

Posted in Performance Measure, the How | Tagged Delivered In Full On Time, DIFOT, Dr Andrew Jacopino, Key Performance Indicator, KPI, PBC, PBL, Performance Based Contracting, Performance Based Logistics, performance indicators, Performance Measure, supply chain | Leave a comment

Inputs, Output and Outcomes – Part 2

Posted on Sun 13 Oct 2019 by Andrew Jacopino

In the previous article (see Inputs, Output and Outcomes – Part 1) I looked at the difference between inputs, outcome and outcomes from a Performance Based Contracting (PBC) perspective in order to highlight the benefits and pitfalls of this approach. … Continue reading →

Posted in Contract Consequences, Outcome, outcomes, Performance Measure, the How, the What, the Why | Tagged Behavioural Economics, Dr Andrew Jacopino, PBC, PBL, Performance Based Contracting, Performance Based Logistics | 1 Comment

Inputs, Output and Outcomes – Part 1

Posted on Sun 29 Sep 2019 by Andrew Jacopino

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 Dr Andrew Jacopino, outcomes, Outcomes Based Contracting, PBC, PBL, Performance Based Contracting, Performance Based Logistics | 2 Comments

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

Posted on Sat 21 Sep 2019 by Andrew Jacopino

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 Basis of Payment, Dr Andrew Jacopino, PBC, PBL, Performance Based Contracting, Performance Based Logistics | Leave a comment

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

Posted on Mon 16 Sep 2019 by Andrew Jacopino

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 Contract Management, Dr Andrew Jacopino, IACCM, PBC, PBL, Performance Based Contracting, Performance Based Logistics | Leave a comment