, 2000). Measuring past performance should take into consideration four elements: 1) quality of performance, 2) cost performance, 3) schedule performance, and 4) business relations (BEST PRACTICES FOR PAST PERFORMANCE, 2000). Sometimes, for the sake of simplicity, an organization will want to utilize a rating system vice simply prose for past performance summaries. If a rating system is used, a standard set of basic ratings should be used and easily rated elements such as cost, schedule, technical performance, and business and customer relations, should be measured (BEST PRACTICES FOR PAST PERFORMANCE, 2000).
Proper planning needs to occur if past performance is going to be an evaluation factor in the solicitation and contract selection process. First, the determination of rank or weight assigned to the past performance should be determined (BEST PRACTICES FOR PAST PERFORMANCE, 2000). Second, what type of past performance is relevant to the project should be listed to determine the measures for
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