hard · Project Management Professional predictive
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?
- Cost Plus Fixed Fee (CPFF)
- Firm Fixed Price (FFP)
- Time and Materials (T&M)
- Fixed Price Incentive Fee (FPIF)
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