Drafting the contract for a large project
Course:- Project Management
Reference No.:- EM131365428

Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Project Management

You have been asked to assist the contract manager of a seller organization in drafting the contract for a large project with limited scope clarity. What type of contract would you suggest, such that your organizations does not incur any financial losses?

  • Time and material.
  • Fixed price.
  • Cost plus fixed fee.
  • Cost plus incentive fee.

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Project Management) Materials
What is the four-step process of innovation and learning and how can your organization apply these steps to manage a project? Of the five levels of an organizational project
1. What are project management processes? What are product-orientated processes? Give examples of both. Why is there a balance between the two? (Craft this well to tie
Describe the alternative solutions to the problem. Evaluate the alternatives. Discuss which alternative you selected and why. Discuss any follow-up to determine effectiveness
The cycle time of the line is 600 seconds and the sum of all that tasks required on the line is 60 minutes. Which of the following is the correct value for the resulting lin
In project Part 2, we create a schedule and accurate budget for your project. You need to focus on detailed cost estimating, scheduling, and cost justification. Estimating inc
Discuss how project management techniques can be used to improve the completion of projects. With this in mind, discuss the role of start and finish times with respect to pr
Post a critical analysis of the research methods used in the management research example you selected -  Post a critical analysis of the research methods used in the manageme
Why is the mean an inappropriate measure of central tendency in gender of respondent (male or female);- marital status (single, married, divorced, separated, widowed, other);