16. 'Jhc sponsor and the project manager are discussing what type of contract the project manager plans
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16. 'Jhc sponsor and the project manager are discussing what type of contract the project manager plans to use on the project. The sponsor points out that the performing organization paid a design team a lot of money lo come up with the design. The project manager is concerned that the risk for the buyer be as small as possible, and recommends a fixed-price contract. An advantage of a fued-price contract for the buyer is:
A. Cost risk is lower.
B. Cost risk is higher.
C. There is little risk.
D. Risk is shared by all parties.
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