We need to replace the projection system in our boardroom before the next quarterly board meeting. This includes the hardware and software to integrate the system into our existing network. We have done a lot of research and know what we want. Although we have identified several acceptable alternative solutions, we have not worked with these vendors before so we do not know what their overhead costs are. Due to budget constraints at this time, we need to be able to ensure that the project costs will not exceed our budget allotment. The following statements accurately reflect this scenario: Well-defined expectations. Well-defined deadlines. Readily-available products. Tight budget constraints. Based on this scenario, which of the following contract types would be most appropriate? QUESTION 1 of 3 Based on this scenario, which of the following contract types would be most appropriate? Select one answer a) Fixed-price (FP) contract b) Cost-reimbursable contract c) Time-and-materials (T