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You have replaced an earlier project manager in a project .The earlier project manager has left the organization and you are now responsible for the
You have replaced an earlier project manager in a project .The earlier project manager has left the organization and you are now responsible for the project.On reviewing the project management plan you are disturbed because a number of procurement contracts have been signed and they all turn out to be Cost plus fixed fee types of contracts - Why you should be worried ? All the risk is now with the seller Seller has no motivation to control cost and infact cost could spiral Contracts should always be Fixed Price None of above
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