medium · Project Management Professional Adaptive / Agile
Stonehaven Transit is negotiating an agile contract with a new vendor. The project manager wants to limit the organization's financial risk while allowing for scope flexibility.
Which contract structure is best?
- A Cost Plus Fixed Fee (CPFF) contract with no ceiling.
- A Time and Materials (T&M) contract with no reporting requirements.
- Incremental delivery with defined exit points after each release.
- A standard Firm Fixed Price (FFP) contract for the entire backlog.
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