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  • Performance Metrics.pdf

    Layout 1 Public Procurement Practice PERFORMANCE METRICS STANDARD A standard set of metrics that are aligned with strategic goals should be developed and regularly measured by all units within the procurement function.1 Definition Performance Metrics is the term given to the measurement of performance. An analytical...
  • Performance Measurement.pdf

    Layout 1 Public Procurement Practice PERFORMANCE MEASUREMENT STANDARD Procurement should have a performance measurement system that assesses progress towards achievement of the strategic plan. Definition Performance measurement is the process by which procurement establishes criteria, based on strategic planning go...
  • Performance Management.pdf

    Layout 1 Public Procurement Practice PERFORMANCE MANAGEMENT STANDARD Public procurement organizations should develop a performance management program that allows for a continuous cycle of improvement and added value (See Figure 1). The performance management program should be integrated across the procurement organizati...
  • Performance Based Contracting.pdf

    Layout 1 Public Procurement Practice PERFORMANCE BASED CONTRACTING STANDARD Procurement organizations should seek to improve performance and lower costs through the use of performance based contracts that: (1) describe the requirements in terms of results required rather than specifying how the work is to be accomplish...
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