CRITICAL SUCCESS FACTORS WITHIN PERFORMANCE BASED CONTRACTING:

• Overview of key concepts within PBC.
• Key differentiators within the PBC approach.
• Identifying spend area targets for PBC implementation.
• Establishing effective and measurable PBC metrics.
• Introduction of the vendor base to PBC methodology.
• Tendering process within a PBC environment.

EFFECTIVE IMPLEMENTATION OF PBC STRATEGY:

• The PBC strategic roadmap - step by step implementation.
• Developing the organisational PBC business case.
• Effectively managing vendor incentivisation initiatives to drive positive performance.
• Establishing and managing meaningful performance tolerances.
• Effectively negotiating & facilitating the PBC contract with the vendor base.
• Effective reporting of value stream delivery internally and externally.
• Managing key challenges within PBC implementation.

EFFECTIVE CONTRACT CONSTRUCTION & MANAGEMENT WITHIN PBC:

• Overview of key legal principles impacting upon the PBC contract.
• Effectively “operationalising” key contract clauses.
• Managing contractual risk - unfair contract.
• Managing contract risk - test of reasonableness.
• Managing contract risk - restrictive contract.
• Ensuring clarity within contract clause construction.

THE STORY OF OTHERS:

• Case study review, analysis and critique:
• World Bank infrastructure performance based contracts.
• Siemens - construction based PBC.
• Australian Healthcare - Private & Public sector PBC approach.
• Delegates will review, analyse and present their critique of the varying approaches taken by the case study organisations within an instructor led environment.
• Masterclass certification - written examination covering key concepts covered within the masterclass in an “open book” format.