ACQ 101 Module 14 Performance Based Logistics

ACQ 101 Module 14 Performance Based Logistics As a core attribute of an effective PBL contract, it clearly defines the needed performance outcomes: What is performance work statement PWS? Being able to provide timely feedback and being linked to a system-level objective are two examples of these: what are characteristics of good performance metrics? Best practice PBL contracts often use some combination of "carrots and sticks" strategies that are tightly aligned, promoting behaviors and outcomes that benefit both customer and supplier? true Developing support outcomes and capturing them in a Performance Work Statement (PWS) is a foundational effort in establishing properly structured Performance Based Logistics (PBL) contracts. true In transactional arrangement, a commercial provider incentivized to reduce workload and equipment failure false, in a transaction based arrangement, a commercial provider is incentivized to increase workload in order to increase revenue NOT reduce workload and equipment failure. the opposite is true in PBL arrangements, whereby the provider is incentivized to reduce the number of repairs and the cost of labor used in the repair process in order to increase profit. It is a method of which appropriate metrics should be defined: SMART; specific, measurable, attainable, relevant, timely It is collaborative working body comprising key program staff and stakeholders whose purpose is to develop a product support solution: What is the integrated product team? It is the optimal contract type for a PBL effort: What is a fixed price contract? It's a process to identify all of the information known about the system to include performance, support, reliability, maintainability and cost data: What is baselining the system? Non-financial incentives are differentiated from financial incentives because the benefits may not be immediately measurable in revenue or cash flow terms? true One of the biggest benefits to PBL is funding instability and budget stability? false, one of the biggest CHALLENGES to PBL is funding stability and budget instability. Performance Based Logistics (PBL) is synonymous with performance based life cycle product support? true Performance based product support is successful because it aligns the interest of the Product Support Providers (PSPs) and the Government requiring activity by creating "internal competition" that ultimately saves money for the taxpayer while focusing on support to the Warfighter. true Performance metrics are vital to the success of a PBL arrangement? true