Question: You are managing a software project. The project is already in the execution stage when you discover that a whole software module is missing from

You are managing a software project. The project is already in the execution stage when you discover that a whole software module is missing from the work breakdown structure. Your company does not have the programmers to write the module in a timely fashion, so you decide to procure this piece of work. The module will have a number of small programs working together, and it will take almost the same effort to write any of these programs. The software experts have given you an estimate of how much that effort will be. However, it is not clear at this stage how many programs will be needed. Which type of contract will you choose in this situation? Time and material Cost plus fixed fee Cost plus percentage of cost Firm fixed-price

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