Question: In your contract, you can make pre-defined final adjustments to the contract price due to changed conditions like inflation, foreign exchange value fluctuations, and input

In your contract, you can make pre-defined final adjustments to the contract price due to changed conditions like inflation, foreign exchange value fluctuations, and input cost variations. This provision is built into which of the following types of contracts?

Choice 1 Cost Reimbursable contracts with escalation clauses

Choice 2 Fixed Price with Economic Price Adjustment contracts

Choice 3 Fixed Price Incentive Fee contracts

Choice 4 Cost Plus Award Fee contracts

You have completed the Manage Communications process and are now in a position to make the required information available to the project stakeholders in a timely manner. Which of the following is NOT an output from this process?

Choice 1 Work performance reports

Choice 2 Project reports and presentations

Choice 3 Stakeholder notifications

Choice 4 Project records

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 General Management Questions!