A project management firm that promises to do everything for a major project and hand over a fully functional,ready-to-use deliverable is performing under a(n):
A)Umbrella contract.
B)All-inclusive contract.
C)Cost-plus contract.
D)Turnkey contract.

Question

Quizplus · Accepted Answer

A turnkey contract refers to a contract in which the contractor agrees to deliver a fully functional and ready-to-use product or service to the client. In this case, the project management firm promises to do everything for the project and hand over a ready-to-use deliverable, making it a turnkey contract.

A Project Management Firm That Promises to Do Everything for a Major