Question: Your program manager has advised that you need to protect the organization from financial risk. In planning a new project, you realize there is limited

Your program manager has advised that you need to protect the organization from financial risk. In planning a new project, you realize there is limited scope definition related to the work needed to fulfill the contract. What is the best type of contract to choose? (Consider this as a large project.)

A. Cost plus fixed fee (CPFF)

B. Cost plus percentage of cost (CPPC)

C. Time and material (T&M)

D. Fixed-price (PP)

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