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Manage Post-Award for Results

Contract award just "ends the beginning" and starts the process of leveraging acquisition for mission results. How do you keep the contract on track for success?

Performance-Based Acquisition Management Overview. Click to see larger image.

The Six Disciplines of Performance Based Management offers an objective, disciplined process to monitor the business health of the program. Like traditional program management, it involves planning, defining, implementing, assessing, and adjusting.

Read our Advisory on PBM »

However, PBM goes beyond those steps to emphasize the following six disciplines that help ensure success:

1. Cultural Transformation: Setting the stage for successful performance-based business management; identifying how the organization needs to change from monitoring compliance to managing for results.

2. Strategic Linkage: Providing a consistent vision throughout the organization, making sure the results achieved reflect organizational strategic goals as well as program objectives.

3. Governance: Establishing roles, responsibilities, and thresholds for project implementation and issue resolution.

4. Communication: Identifying the content, medium, and frequency of information flow, as well as the organizational element the information is intended to support.

5. Risk Management: Identifying, assessing, monitoring, and managing risks.

6. Performance Monitoring: Analyzing and reporting status on a regularly scheduled basis during project execution so that course corrections can be made to achieve the desired results.

When applied throughout the acquisition cycle and combined with other tools, such as Earned Value Management, the Six Disciplines increase leverage to identify opportunities for improvement and implement course corrections to keep the program aligned to deliver results.

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