5 Secrets to Ace Performance Based Contracts! Must Know
Автор: Nyden on Negotiation
Загружено: 2025-06-20
Просмотров: 53
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.
#PerformanceContracts #ContractManagement #SOW #Procurement #VendorManagement
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