Calculate the organization's total cost for the following scenario: The organization has signed a cost-plus-incentive-fee contract. The

Question:

Calculate the organization's total cost for the following scenario:
The organization has signed a cost-plus-incentive-fee contract.
The sharing formula is 90/10 (90 percent by buyer).
The seller estimate of allowable expenses is $150,000.
The target fee is set at $10,000.
The maximum fee is $19,750.
The minimum fee is $5,000.
Calculate the result if the project is completed by the seller at a cost of $146,000.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Methods of IT Project Management

ISBN: 978-1557536631

2nd edition

Authors: Jeffrey Brewer, Kevin Dittman

Question Posted: