Gerardus Blokdyk

Risk Based Pricing A Complete Guide - 2020 Edition


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ownership for Risk based pricing clearly defined?

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      125. Is scope creep really all bad news?

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      126. Is there a completed SIPOC representation, describing the Suppliers, Inputs, Process, Outputs, and Customers?

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      127. If substitutes have been appointed, have they been briefed on the Risk based pricing goals and received regular communications as to the progress to date?

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      128. What defines best in class?

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      129. What is the scope of Risk based pricing?

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      130. What is a worst-case scenario for losses?

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      131. Has the improvement team collected the ‘voice of the customer’ (obtained feedback – qualitative and quantitative)?

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      132. What is the definition of Risk based pricing excellence?

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      133. The political context: who holds power?

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      134. Who are the Risk based pricing improvement team members, including Management Leads and Coaches?

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      135. What gets examined?

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      136. What baselines are required to be defined and managed?

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      Add up total points for this section: _____ = Total points for this section

      Divided by: ______ (number of statements answered) = ______ Average score for this section

      Transfer your score to the Risk based pricing Index at the beginning of the Self-Assessment.

      CRITERION #3: MEASURE:

      INTENT: Gather the correct data. Measure the current performance and evolution of the situation.

      In my belief, the answer to this question is clearly defined:

      5 Strongly Agree

      4 Agree

      3 Neutral

      2 Disagree

      1 Strongly Disagree

      1. Who pays the cost?

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      2. When a disaster occurs, who gets priority?

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      3. Do you effectively measure and reward individual and team performance?

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      4. What measurements are being captured?

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      5. Do the benefits outweigh the costs?

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      6. How will success or failure be measured?

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      7. How to cause the change?

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      8. Are Risk based pricing vulnerabilities categorized and prioritized?

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      9. What is the cost of rework?

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      10. What are the costs?

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      11. Are you able to realize any cost savings?

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      12. What can be used to verify compliance?

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      13. Are you aware of what could cause a problem?

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      14. What are your customers expectations and measures?

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      15. How can a Risk based pricing test verify your ideas or assumptions?

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      16. Are you taking your company in the direction of better and revenue or cheaper and cost?

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      17. What are hidden Risk based pricing quality costs?

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      18. What is your Risk based pricing quality cost segregation study?

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      19. What evidence is there and what is measured?

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      20. How sensitive must the Risk based pricing strategy be to cost?

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      21. When are costs are incurred?

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      22. What are the estimated costs of proposed changes?

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      23. What relevant entities could be measured?

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      24. How do you aggregate measures across priorities?

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      25. What are your primary costs, revenues, assets?

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      26. How will effects be measured?

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      27. What disadvantage does this cause for the user?

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      28. What are the strategic priorities for this year?

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      29. Where can you go to verify the info?

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      30. What causes mismanagement?

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      31. Was a business case (cost/benefit) developed?

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      32. What are the costs of reform?

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      33. How do you verify Risk based pricing completeness and accuracy?

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      34. What is the total fixed cost?

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      35. What causes innovation to fail or succeed in your organization?

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      36. What is the root cause(s) of the problem?

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      37. Has a cost center been established?

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      38. How will you measure your Risk based pricing effectiveness?

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      39. Is it possible to estimate the impact of unanticipated complexity such as wrong or failed assumptions, feedback, etcetera on proposed reforms?

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      40. How do you verify the Risk based pricing requirements quality?

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      41. Are the units of measure consistent?

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      42. Are there competing Risk based pricing priorities?

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