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According to the PMI, early termination of a contract is considered a special case of?

A. Contract severance

B. Contract default

C. Contract cancellation

D. Contractual severance

E. Contractual non-performance

Procurement Terminations ERP Project Management Contracts
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Question added by Muhammad Farooq , QA-QC Manager , AL Bawani Contracting Co
Date Posted: 2016/08/07
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appa anand badipetla
by appa anand badipetla , Deputy Manager-Designs , PES ENGINEERS PVT Ltd

Contract cancellation.Earlier termination can happen when both parties agrees to terminate project on mutual aggrement.

Muhammad Farooq
by Muhammad Farooq , QA-QC Manager , AL Bawani Contracting Co

The best option is

A. Contract severance

Marvin Malquisto
by Marvin Malquisto , DEPUTY CONTRACT MANAGER (short contract only) , Samsung C&T

procurement closure that result to mutual agreement of both parties.

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