You have ruled out one particular contract type because it is considered too risky for the program. Which one of the following contract types is usually considered to be the most dangerous for the buyer?

Last Updated on March 30, 2022 by Admin 2

You are the program manager for your project. You are working with the project managers regarding the procurement processes for their projects. You have ruled out one particular contract type because it is considered too risky for the program. Which one of the following contract types is usually considered to be the most dangerous for the buyer?

  • Cost plus incentive fee
  • Cost plus percentage of costs
  • Time and materials
  • Fixed fee
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