Question: You are managing a large software project when the need for a new - - series of database tables is discovered. The need was previously

You are managing a large software project when the need for a new - -

series of database tables is discovered. The need was previously unplanned, and your organization's st& is 100% utilized, so you decide to go outside the company and procure this piece of work. When you meet with prospective sellers, you realize that the scope of work is not completely defined, but everyone agrees that the project is relatively small, and your need is urgent. Which type of contract makes the MOST sense?

A. Fixed price.

B. Time and materials.

C. Open ended.

D. Cost plus incentive fee.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Fraud Examination Questions!