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What are the differences among a fixed price contract

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What are the differences among a fixed price contract, a time and materials contract, and a reimbursable contract in terms of how well defined a contract needs to be relative to price, scope, and schedule prior to the commencement of any work? How much control over the project scope, price and schedule should the contractor have under each contract type

 

Paper#34556 | Written in 18-Jul-2015

Price : $37
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