ISM - Events - Performance-Based Statements of Work (SOWs): Maximize Supplier Performance

Performance-Based Statements of Work (SOWs): Maximize Supplier Performance

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Overview

This application-based course provides both strategic and practical insight into the preparation of effective performance-based statements of work (SOWs) that result in successful contracts. This highly interactive program discusses specific tools and techniques and explores typical mistakes. Gain hands-on experience in writing effective performance-based specifications using actual case studies. Case debriefings and recapping lessons learned as well as Q&A sessions provide a platform to address matters specific to developing performance-based SOWs for your organization.

Who Should Attend

Supply professionals and others from service, manufacturing or the public sector, committed to enhancing supplier performance.

You Will Learn...

When to use performance-based specifications
How to evolve your current SOWs into performance-based tools to generate results
To write clear and concise performance-based specifications
To develop effective contract performance measurements
Ways to control project scope changes through effective performance-based SOWs
How to avoid typical failures associated with poorly written SOWs

You Will Earn...

14 continuing education hours

Course Outline

Building the foundation: Defining the SOW and identifying its purpose; Different types of SOWs, including public and commercial models
Uses of SOWs: Deliverables, Managing costs, Controlling change
Why use performance-based specifications?
Developing performance measurements
Steps and guidelines for writing a performance-based SOW
Critical lessons for SOW development: Required improvements and controls
Successful SOWs: Effective models, comparisons and key success factors
SOWs' linkages to project management
Managing deliverables: Documenting requirements, Contract essentials, Managing risk, Ensuring performance results