-
Recent Posts
Archives
- October 2019 (2)
- September 2019 (4)
- August 2019 (2)
- April 2019 (2)
- March 2019 (2)
- February 2019 (1)
- January 2019 (2)
- December 2018 (1)
- November 2018 (3)
- October 2018 (2)
- September 2018 (1)
- July 2018 (2)
- June 2018 (1)
- May 2018 (3)
- April 2018 (2)
- March 2018 (2)
- February 2018 (2)
- January 2018 (2)
- December 2017 (4)
- October 2017 (1)
- September 2017 (2)
- August 2017 (2)
- July 2017 (2)
- June 2017 (2)
- May 2017 (3)
- April 2017 (1)
- January 2017 (1)
- December 2016 (1)
- October 2016 (2)
- September 2016 (2)
- August 2016 (1)
- July 2016 (1)
- June 2016 (2)
- April 2016 (1)
- February 2016 (1)
- January 2016 (1)
- December 2015 (2)
- October 2015 (1)
- September 2015 (1)
- July 2015 (2)
- June 2015 (2)
- April 2015 (3)
- March 2015 (2)
- February 2015 (3)
- January 2015 (6)
- March 2014 (1)
- January 2014 (4)
- Follow Performance Based Contracting (PBC) Blog on WordPress.com
Sponsored by
Tag Archives: Performance Management Framework
Perverse Incentives – Part 2
In the previous article (see Perverse Incentives – Part 1) I discussed why PBC practitioners need to be aware of the potential for perverse incentives in our PBC arrangements. In this article let’s look at how PBC practitioners, both buyers and … Continue reading
Reliability in Performance Based Contracts (PBCs) – Part 2
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
Treatment of Safety in a Performance Based Contract
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
Performance Based Contracting (PBC) Incentive Regime (Part 2)
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
Process for Developing a Performance Based Contract (PBC)
Many years ago when preparing to teach a 1-day Performance Based Contracting (PBC) workshop it occurred to me that while we had an 8-step process for developing it wasn’t entirely accurate. In fact of the 100+ PBC that I have … Continue reading
Changing Performance Measures
I recently read an article by Robert Wolcott in the Harvard Business Review (HBR) titled “Don’t be Tyrannized by Old Metrics”. The article discussed the virtue of companies continuously reviewing, and where necessary, changing performance measures especially where there was … Continue reading
The Role of a Performance Measure
“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