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Ask the Expert / MOOC Call 1: Managing a Performance Based Contract (PBC)

Published: 29 May 2020 Average Rating: 4.4 / 5 Print
 

Author: Andrew Jacopino

Performance-Based Contracting (PBC) has proven to be an effective tool in reducing overall costs for buyers and providing profitable growth opportunities for sellers making it the contract model of choice across a range of market sectors. While deceptively simple, PBCs are different from conventional contracts and require a different approach to their development, implementation and management. The ability for organisations to effectively develop, implement and manage PBCs is critical to business success as failure can often lead to long-term performance, financial and reputational damage.

Dr Andrew Jacopino, an IACCM Fellow, runner up of the IACCM Innovation Award for Outstanding Service Provider and one of Australia's best-known PBC practitioners and trainers, will introduce PBCs and the implication on Contract Managers.

 

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