Question: Question One la) Name the most appropriate pricing contract type to use in the situations described below and justify your reason. Your choices are FP,

Question One la) Name the most appropriate
Question One la) Name the most appropriate pricing contract type to use in the situations described below and justify your reason. Your choices are FP, FPIF, FPEPA, purchase order, T&M, CR, CPF, or CPPC, CPFF, CPIF contracts (15 marks) i) You need work done but you don't have time to audit invoices on this work ii) You need to rebuild a bridge as soon as possible after a storm iii) Your work require high level expertise and you want to have the best performance possible in the finished product iv) The scope of work is complete but the economy is currently unpredictable V) You want to buy expertise in determining what needs to be done vi) You are buying standard commodities antive for (FPIF) contract, the target cost is estimated at aleat the costs

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