The writer is very fast, professional and responded to the review request fast also. Thank you.
Book/movie review
22/08/2022
Show your understanding of the contract trade-off skills that a project manager must possess.
In Part I, Section 12.1.1.6, of the PMBOK Guide, review the following contract types:
Fixed-price contracts (three sub-types)
Cost-reimbursable contracts (three sub-types)
Time and materials contracts
Then, describe each contract type and explain whether it is the seller or buyer who prefers that contract type. Provide an example of when each contract type is generally considered the optimal choice. Add different examples than those provided in your PMBOK Guide, in the lecture material, and by your classmates.
Support your positions with at least one current (no older than five years) scholarly source, beyond the course materials and textbooks in APA format. Initial post response should be 250-350 words.
Here is an example of what is expected in this discussion using the firm-fixed price (FFP) contract as an example: In the FFP, the contractor is paid a fixed price to do a specific job that is described in the contract. The firm-fixed price contract is generally used when the work is well defined. For example, the firm-fixed price contract might be used when putting a roof on a building, where the buyer and contractor have good experience pricing a specific type of roof by the square foot. The buyer would benefit in knowing that the roof will be completed for a set price, but the seller may have to bear the cost of any issues that arise during completion of the job.
The writer is very fast, professional and responded to the review request fast also. Thank you.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more