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hard · Project Management Professional Predictive (Plan-Driven)

A buyer at Coveport Logistics wants to minimize their risk of cost overruns while still motivating the seller to deliver efficiently. The scope is reasonably well-defined but the technology is new.

Which contract type should the project manager recommend?

  1. Cost Plus Fixed Fee (CPFF)
  2. Firm Fixed Price (FFP)
  3. Time and Materials (T&M)
  4. Fixed Price Incentive Fee (FPIF)

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