Question: True/ False ______ a) Generally, a client will pay less for a project that is performed by an independent contractor if the client uses a
True/ False
______ a) Generally, a client will pay less for a project that is performed by an independent contractor if the client uses a fixed price contract.
______ b) An optimal incentive contract will maximize the expected client profit while minimizing the expected contractor profit.
_______ c) Criticality indices and total slack values are equally effective at prioritizing tasks in a complex project.
_______ d) Discount rates used in the initial stages of a project should generally be greater than discount rates later in a project to reflect a greater uncertainty and risk at the start of a project.
_______ e) According to research by Singhal and Hendricks, companies that miss the announced dates that strategic new products will be available can expect to lose significant market value in the following three years.
______ f) MS Project is an effective planning tool for complex projects.
_______ g) Agile project management reduces the requirements risk of a project but increases the schedule and cost risks.
_______ h) The COVID-19 virus illustrates the importance of managing project risks.
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