Tag Archives: Performance Based Contracting

Collaborative Contracting . . . the blog

Posted on Sun 27 Oct 2019 by

It seems that collaboration is everywhere nowadays.  Whether it is Ed Sheeran and Justin Bieber producing a number 1 single, designer Tommy Hilfiger and Formula 1 driver Lewis Hamilton delivering exclusive clothing lines to Apple putting CarPlay into a variety … Continue reading →

Posted in Collaboration, Collaborative Contracting | Tagged , , , , , , , , , , , | Leave a comment

Inputs, Output and Outcomes – Part 2

Posted on Sun 13 Oct 2019 by

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 , , , , , | Leave a comment

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 , , , , , , | 1 Comment

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

How to Nudge a Performance Based Contract (PBC) – Part 2

Posted on Sat 24 Aug 2019 by

In the previous article (see How to Nudge a Performance Based Contract (PBC) – Part 1) I described how successful contracts deliver the desired outcomes of both buyers and sellers; the classic “win-win” outcome that we all strive for.  We … Continue reading →

Posted in Behavioural Economics, Nudging, the What, the Why | Tagged , , , , , , , | Leave a comment