أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
Which contract type is MOST appropriate for this project?
A. Time and Materials (T&M)
B. Fixed price (FP)
C. Cost plus percentage of costs (CPPC)
D. Cost plus fixed fee (CPFF
I will go with letter A, Time and Materials because you don't know how long the project will take, we can't estimate the time and materials that will be use.
T&M - For Staff Augmentation. Ex: For Construction works, a contractor coming with required material or A software developer coming with a hired laptop. These are generally used for short term work. We pay to both men and material.
FP - Is used only when you are very clear with the work, schedules and budgets.
CPPC - Pay the invoice(s) amount for the material and also pay a certain fee (calculated in %). Ex: Invoice amount $100 and agreed percentage let us say 15%. Then we have to pay $115 ($100+15% of 100)
CPFF - Pay the invoice(s) amount for the material and also pay a certain fee (fixed). Ex: Invoice amount $100 and agreed fee let us say $8. Then we have to pay $108 ($100+8) or the invoice amount is $150, still fee remains $8.
Whereas in CPPC the fee amount varies with invoice amount.
As a buyer perspective, it is good to choose CPFF, since risk is less here to the buyer.
هل تحتاج لمساعدة في كتابة سيرة ذاتية تحتوي على الكلمات الدلالية التي يبحث عنها أصحاب العمل؟