Question: You are a project manager on a project that requires material from a U.S. supplier to be purchased in an ongoing manner. You are aware

You are a project manager on a project that requires material from a U.S. supplier to be purchased in an ongoing manner. You are aware that the Canadian dollar is dropping (and is expected to continue to drop) in value compared with the U.S. dollar. You wish to avoid the risk of project materials costing more in the future. Which type of contract would you most likely want to use with your U.S. supplier ? Question 7 options: Costs plus contract Fixed price contract Time and materials contract Statement of work contract

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