Posts Tagged: selection

The Double Down Strategy of Contract Management Risk

By Mike Ipsaro, PMP, CCE/A In blackjack, there is a strategy known as doubling down, in which players double their bet to get one more card in addition to their two card hand. Doubling down increases players’ chances of winning, just like risk management increases the chances of success during a contract’s lifecycle. Risk is… Read more »

Demystifying Economic Development’s relationship with Commercial Property

Which comes first, jobs or space? Most people think economic development is foremost about jobs—but employers need space before they can offer jobs. This chicken-and-egg dynamic has many communities re-examining the relationship between economic development and commercial property. Here are three powerful reasons for economic development pros to make commercial real estate a bigger priority:… Read more »

Past Performance Data and the Need to Change the Source Selection Paradigm

The GAO report entitled Better Performance Information Needed to Support Agency Contract Award Decisions (GAO-09-374), lays out a disturbing trend in government oversight and contract management that needs to be corrected on many levels if the government is to increase performance of federal contracts. As noted in the report, the typical information management problem of… Read more »