5 Secrets to Ace Performance Based Contracts! Must Know

Описание: Understanding the 5 Critical Components of Performance-Based Contracts
In this short video, we break down the five essential elements every performance-based contract should include.

The Performance Work Statement (PWS) or Statement of Work (SOW)—a foundational document that sets the tone for contract success.

Learn how this component connects to:
✔️ Quality Assurance Surveillance Plans (QASP)
✔️ Performance Metrics
✔️ Incentives & Disincentives
✔️ The Right Pricing Model

If you're involved in contract negotiation or management, understanding these pieces is key to reducing risk and driving performance.

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