Thursday, April 28, 2011

PMHUB-G Best type of contract to choose?

Your program manager has come to you, the project manager, for help with a bid for her newest project. You want to protect your company from financial risk. You have limited scope definition. What is the BEST type of contract to choose?

Fixed price (FP) 
Cost plus percent of cost (CPPC) 
Time and material (T&M) 
Cost plus fixed fee (CPFF)

Discussions here:

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