Question
15. SARAH'Z is PMO for a large PHARMA company is working on a project that calls for a new building to be constructed to house
15. SARAH'Z is PMO for a large PHARMA company is working on a project that calls for a new building to be constructed to house a new clean manufacturing process that is critical to the success of the project. Construction is not a core competency of SARAH'Z company. SARAH'Z team has the ability to create a detailed SOW. SARAH'Z is in the Plan Procurement Management phase of the project, and needs to select a contract type for this work. Which of the following is the best type of contract for this situation? A. FP (Fixed price) B. CPFF (Cost plus fixed fee) C. CPIF (Cost plus incentive fee) D. T&M (Time and materials)
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