This is a subjective question, hence you have to write your answer in the text-Field given below. a. What is enterprise contracts management and state for what kind of projects you would recommend to use fixed-price contract and cost- plus contract? b. The following information concerns progress at day 6 of a design project. Use the 50-50 estimate: Activity Duration Budget Actual cost % completed 1-2 2 400 250 100 3 2-3 500 650 100 250 4 350 100 2-4 0 0 0 3-4 0 400 3 3-5 0 450 4 4-5 Calculate the cost, schedule and time variances. Also calculate CPI, SPI, CSI, ETC and EAC. Comment on the status of the project. [3+6 - 9)