Thursday, December 10, 2009

Advantages on Cost Reimbursable Contract

The Advantages on Cost Reimbursable Contract are:
  • Simpler contract statement of work
  • usually requires less work to work the scope that fixed price
  • Generally lower cost than fixed price because the seller does not have add as much for risk.

1 comment:

Sumit Jain said...

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EXAM Preparation

Suggested Study Materials

  • PMP-Preparation Recommended Books
  • PMP Exam Prep, Fifth Edition: Rita's Course in a Book for Passing the PMP Exam
  • A Guide to the Project Management Body of Knowledge, Third Edition (PMBOK Guides)
  • The PMP Exam: How to Pass On Your First Try (Test Prep series)