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
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