The purpose of this assignment is for you to understand trade off skills that a september 2023
Pro Met 4
The purpose of this assignment is for you to understand trade-off skills that a project manager must possess. Click on the attached link to read “Contracts: Their Influence on Projects,“ from your textbook. Then, answer the following five questions: What is a firm-fixed price contract? What is a fixed-price-incentive-fee contract? What is cost-plus-incentive-fee contract? What is cost-plus-award-fee contract? What is cost-plus-fixed-fee contract? As a buyer, which contract would you consider beneficial and be most interested in obtaining? As a seller, determine which contract you would consider as beneficial and be most interested in obtaining. Your responses to the questions should total 2-3 pages and should cite at least three, current scholarly resources. APA Requirements are required.
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