Tag Archives: PMF

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

Posted in Behaviours, Consequence Analysis, safety, the Why | Tagged , , , , , , , , | Leave a comment

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

Posted in Contract Management, Performance Measure, the How, the What | Tagged , , , , , , , , , | 3 Comments