1. Discuss various approaches you could use to work with an under-performing \"s
ID: 337886 • Letter: 1
Question
1. Discuss various approaches you could use to work with an under-performing "seller" (contractor or vendor) who is missing deliverable deadlines and not meeting quality standards. What "skills" could be helpful in this type of situation and why?
2. At what point would you consider canceling a contract (or product) and what options would you consider before you got to that point?
3. If your contract with a seller included a provision for a penalty (equal to 10% of the total contract amount) each time a milestone deadline was missed, would you enforce this provision without question OR would you give the contractor (or vendor) a second or third chance before enforcing the penalty?
4. Does having a prior working relationship/history with the contractor (or vendor) make a difference?
Explanation / Answer
1. Discuss various approaches you could use to work with an under-performing "seller" (contractor or vendor) who is missing deliverable deadlines and not meeting quality standards. What "skills" could be helpful in this type of situation and why?
2. At what point would you consider canceling a contract (or product) and what options would you consider before you got to that point?
3. If your contract with a seller included a provision for a penalty (equal to 10% of the total contract amount) each time a milestone deadline was missed, would you enforce this provision without question OR would you give the contractor (or vendor) a second or third chance before enforcing the penalty?
4. Does having a prior working relationship/history with the contractor (or vendor) make a difference?
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