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S Module 5- novo M6: Project Risk, Quality, and Supply Chain Management: MGMT436_51SP24.. Question 13 2 pts Lewis is trying to explain to his project

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S Module 5- novo M6: Project Risk, Quality, and Supply Chain Management: MGMT436_51SP24.. Question 13 2 pts Lewis is trying to explain to his project team the different types of contracts and their benefits. He gives the example of contracts which are often utilized by high-risk projects, specifically government research projects. Scope and cost are well known. What type of contract is he talking about? Time and materials Fixed price Cost plus Fixed cost D Question 14 2 pts Martin is managing a large, global project for some complex work. The company feels outsourcing should be an option. To meet with prospective vendors, Martin decides to start the process with clearly stating the project goals and intentions. This, he feels, will motivate vendors to respond. His team compiles a document asking for various pieces of information, including indicative pricing, customer references, and seller capabilities. The objective is to create a shortlist of vendors. What type of document is this? RFP O RFI O RFQ O RFT

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