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There are examples of multiple contract types such as time and materials, cost reimbursement, or fixed price. Choose two contract types (you may research different
There are examples of multiple contract types such as time and materials, cost reimbursement, or fixed price. Choose two contract types (you may research different types on the Internet) and compare and contrast the risk positions. For instance, a time and materials contract has more risk for the buyer. In addition, once you have identified the risk, outline how you would control the risk as part of managing project performance.
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