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the performance contract is a document that contains the performance goals that must be achieved during the set period of time this is a legal document in which one organization or individual shows consent to pay to another organization or individual after successful completion of the task or project they were hired to do the management uses this document as a performance measuring tool this contract is made at the beginning of a project and performance goals are set after a mutual negotiation this agreement can be made in many situations such as starting a new project in an organization arranging an event hiring an artist for any concert Etc every performance contract will have terms and conditions ing to the nature of the project how to write a performance contract whenever you plan a new project or managing an event you require going through a performance contract a performance contract must be written in a proper format and signed by the concerning parties all the agreed upon perfo