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You are doing a project under cost-reimbursable contract where the target price was $ 1,200,000. Your project is nearing completion and CPI is currently 1.3.
You are doing a project under cost-reimbursable contract where the target price was $ 1,200,000. Your project is nearing completion and CPI is currently 1.3. You are concerned that you will be losing money by billing for less. In this context, you should: Question 16 options: Tell your buyer about the CPI as it stands today and explain the reasons for the deviation from the plan. Invoice for $ 1,500,000 because there are chances for costs being higher in a subsequent project. Tell the bad news to the buyer and suggest charging more from the customer. Add some extra features to cause customer delight
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