What are the types of contracts in project management?
What are the types of contracts in project management? Generally you'll come across one of three types of contract on a project: fixed price, cost-reimbursable (also called costs-plus) or time and materials. What are the 7 different types of contracts in project management? The types of contracts in software project management can include fixed price, firm fixed price, fixed price incentive fee, fixed price with economic price adjustments, purchase orders, cost reimbursable, cost plus fixed fee, cost plus incentive fee, cost plus award fee, cost plus percentage of cost, time and materials ... What are contracts in project management? 'Contract'...