hard · Project Management Professional Predictive (Plan-Driven)
Bramble Civic has a project with extremely high solution uncertainty and a requirement for rapid delivery. The organization lacks the internal expertise to define the work packages. The legal department insists on a contract that protects the buyer from being 'locked in' to a long-term cost-plus arrangement.
Which approach is best?
- Cost Plus Fixed Fee (CPFF) with an open-ended schedule.
- Firm Fixed Price (FFP) based on the current high-level requirements.
- FPIF with a very low ceiling price to force vendor efficiency.
- T&M with a 'Not-to-Exceed' limit and short-term exit points.
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