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1. What are the advantages and disadvantages to you, as the project manager of a fixed price contract vs. a cost reimbursable contract? 2. If

1. What are the advantages and disadvantages to you, as the project manager of a fixed price contract vs. a cost reimbursable contract?

2. If you were to do award fee based on performance criteria, how might you set up this criteria? Explain in detail, and ensure the criteria you note is measurable.

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