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When should a Time and material contract with a contractor been chosen instead of a Fixed price contract?

A. When project scope includes the progressive elaboration of the scope of deliverables. B. When subcontractors are being used and the customer will reimburse their invoices. C. When only a limited amount of money can be made available to fund the project. D. When cost risks for the customer should be limited but not schedulerisks.

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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2018/11/14
Muhammad Farooq
by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

A. When project scope includes the progressive elaboration of the scope of deliverables.

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