In which of the following types of contracts is it most important for the contractor to maintain control of cost, schedule and scope changes?

Question

A. Cost plus incentive fee

B. Cost plus incentive fee and firm fixed price

C. Firm fixed price

D. cost plus fixed fee

E. unit price

hisham abu dagga · Answer

Thank you for the invitation

I agree with answer C Firm Fixed Price

DR MD ANWAR HOSSAIN · Answer

Thank you for your invitation. My answer is option C. firm fixed price.

Krishna KHASANIS PMP · Answer

Of course it is C - firm fixed price contract & thanks for the invite.

Ayoub Tartir , PMP, GWCPgM, CISA, CISSP, CAP, CSSLP, FITSP-D, CEH, CHFI, CCNA, CCNA Security, Security+, Network+ · Answer

My answer is for option (C)

Ashraf ELBasyouni · Answer

it is in C firm fixed price

Mohamed Kamal · Answer

(C) Fixed price (Lump sum) as he the contractor have all the risks of the contract on his side.

Nadeem Asghar · Answer

I would also go for option C.

Md Fazlur Rahman · Answer

C. Firm Fixed Price..............................................

Nader Roshani · Answer

Item C. Firm Fixed Price....

Amir Younis · Answer

Option C. Firm Fixed Price

Mathisuthan Paramsothinathan BSc Hons QS MRICS MCIOB · Answer

Firm fixed price, becuase the contracor takes the full responsibility of the subject work to complete within the agreed contract price, unless Client change the scope of work.

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In which of the following types of contracts is it most important for the contractor to maintain control of cost, schedule and scope changes?

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