Category Archives: the How

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

Payment Curve (Part 3) – Alternate Payment Curves

Posted on Sun 09 Oct 2016 by Andrew Jacopino

In a previous post we looked at the common types of Payment Curves used in a Performance Based Contract (PBC). These were the All or None Payment Curves, Linear Payment Curves and the Non-Linear Payment Curves. In this post we … Continue reading →

Posted in Basis of Payment, payment curve, the How | Tagged Basis of Payment, payment curve, PBC, PBL, Performance Based Contracting, Performance Based Logistics | 1 Comment

Payment Curves (Part 2) – Common Performance Curves

Posted on Mon 26 Sep 2016 by Andrew Jacopino

In an earlier post we described the role and common features of a Payment Curve used in a Performance Based Contract (PBC), including the difference between Achieved Performance and the Adjusted Performance Score. In the first of two posts we will … Continue reading →

Posted in Basis of Payment, payment curve, the How | Tagged Basis of Payment, payment curve, PBC, PBL, Performance Based Contracting, Performance Based Logistics | 2 Comments

Payment Curves (Part 1)

Posted on Mon 12 Sep 2016 by Andrew Jacopino

Changes to Contractor payments based on Contractor performance is one of the fundamental tenets of the Performance Based Contracting (PBC) approach. While changing payment uses a variety of methods, all typically use a Payment Curve to describe how to change the payments. But, before we look at … Continue reading →

Posted in Basis of Payment, payment curve, the How | Tagged Basis of Payment, payment curve, PBC, PBL, Performance Based Contracting, Performance Based Logistics | 2 Comments

Performance Measure Gate

Posted on Tue 30 Aug 2016 by Andrew Jacopino

One advanced, yet uncommon, approach to performance management in a Performance Based Contract (PBC) is the concept of a performance measure ‘gate’ which modifies the overall Weighted Performance Score (WPS) based on specific criteria. A gate can be used where … Continue reading →

Posted in Basis of Payment, Performance Measure, the How | Tagged gate, PBC, PBL, Performance Based Contracting, Performance Based Logistics, weighted performance score, WPS | 1 Comment

Performance Measure Weighting

Posted on Sun 10 Jul 2016 by Andrew Jacopino

Up until now we have spoken about single performance measures. However, typically a Performance Based Contract (PBC) will use more than 1 performance measure. Therefore, the question is how do we amalgamate two or more performance measures into one overall … Continue reading →

Posted in Performance Measure, the How | Tagged OPS, overall performance score, PBC, PBL, Performance Based Contracting, Performance Based Logistics, performance indicators, Performance Measure, weighted performance score, weighting, WPS | 6 Comments

Availability in Performance Based Contracts – Part 2

Posted on Sun 19 Jun 2016 by Andrew Jacopino

In an earlier part (Availability Part 1) we described availability as one of the highest priorities of system or service performance in a Performance Based Contract (PBC). We defined is as: “Availability – providing users with material / services that are … Continue reading →

Posted in Performance Measure, the How | Tagged availability, PBC, PBL, Performance Based Contracting, Performance Based Logistics, performance indicators, performance measures, subjective performance measures | 1 Comment

Availability in Performance Based Contracts- Part 1

Posted on Sun 05 Jun 2016 by Andrew Jacopino

“Lost time is never found again.” Benjamin Franklin In Performance Based Contracting (PBC) considering availability of a system or service is one of the highest requirements and priorities for both buyer and seller. But what is availability and how do … Continue reading →

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

The Role of a Performance Measure

Posted on Sat 02 Apr 2016 by Andrew Jacopino

“Measurement is the first step that leads to control and eventually to improvement. If you can’t measure something, you can’t understand it. If you can’t understand it, you can’t control it. If you can’t control it, you can’t improve it. … Continue reading →

Posted in Performance Measure, the How | Tagged KPI, PBC, PBL, Performance Based Contracting, Performance Based Logistics, Performance Management Framework, Performance Measure | 6 Comments

Consequence Analysis (Part 1)

Posted on Sat 06 Feb 2016 by Andrew Jacopino

In an earlier blog I had mentioned consequence analysis as a method for determining the commercial risk to buyer and seller to avoid the all too common feeling towards Performance Based Contracts (PBCs); that they are riskier than conventional contracts due … Continue reading →

Posted in Consequence Analysis, Risk Management, the How | Tagged Consequence Analysis, PBC, PBL, Performance Based Contracting, Performance Based Logistics, probabilistic risk assessment, Risk Management | Leave a comment

The Allure of a Single Measure

Posted on Sat 26 Sep 2015 by Andrew Jacopino

The allure of a single performance measure is mesmerising. Its small data collection cost and its ability to focus management attention make this search an ongoing goal for many organisations. Unfortunately, while great in theory, this approach does not reflect … Continue reading →

Posted in Performance Measure, the How | 3 Comments