Question: When writing payment terms in your fixed-price subcontracts it is especially important to a. Include incentives if the seller exceeds or fails below defined objectives

When writing payment terms in your fixed-price subcontracts it is especially important to—

a. Include incentives if the seller exceeds or fails below defined objectives

b. Provide flexibility to redirect the seller if the scope of work is not defined precisely confusion

c. Link progress made to compensation paid

d. Associate the payment to a specific time period for more efficient accounting

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 PMP® Exam Practice Test And Study Guide Questions!