For the situation below, name the most appropriate contract type.

"Time is of essence and you need work to begin ASAP"

Question 1 options:

	Time & Material
	CP
	CPIF
	None of the choices
	PO

Question 2 (3 points)

For the situation below, name the most appropriate contract type.

You need to buy a standard laser printer.

Question 2 options:

	None of the choices
	FPIF
	CPIF
	PO
	CPAF

Question 3 (3 points)

For the situation below, name the most appropriate contract type.

"You have a detailed scope of work but the economic conditions are not

stable."

Question 3 options:

	None of the choices
	Time & Material
	PO
	FPEPA
	CPIF

Question 4 (5 points)

The supplier delivers an incentive fee project at an actual cost of $90000. The terms of the

contract are a target cost of $100000, a target fee of $10000, and therefore a target price of

$110000. The over-run/under-run share ratio is 70% to the customer and 30% to the supplier.

The final price is:

Question 4 options:

	$13000
	103000
	$93000
	113000