Question: software project management subject Software project may need some services of outside people or organizations to supply specialist services, equipment, raw materials and resources. These

software project management subject Software project may need some services of outside people or organizations to supply specialist services, equipment, raw materials and resources. These require management of procurement and contract. Mr. Othman, your project director mentioned that a new company will be appointed to be the new supplier for replacing the existing main supplier. The proposed company is MyICT Recycling Enterprise. This company is specialized in recycling and assembling the ICT components. You need to arrange the procurement and a contract with the new company for supplying such recycled ICT components as raw materials for your company project. The contract will be major with limited scope and limited duration of 2 years (a) What is the major impact of that appointing the new supplier MyICT Recycling Entreprise, for replacing the existing main supplier will be resulted of terminating contract involuntary? (b) Discuss the advantages of FOUR (4) types of the contract. Suggest which type of contract tend to be suitable for your contracting purpose with MyICT Recycling Enterprise.. ?

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