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Contemporary Project Management 3rd Edition by Timothy Kloppenborg
Edition 3ISBN: 978-1285433356Contemporary Project Management 3rd Edition by Timothy Kloppenborg
Edition 3ISBN: 978-1285433356 Exercise 7
What is a hybrid type of arrangement that is often used for staff augmentation or any outside support where a precise statement of work cannot be prescribed, and often includes a not-to-exceed value and time limit to prevent unlimited cost growth?
A) Time and material
B) Cost reimbursable
C) Fixed price
D) Incentive fee
A) Time and material
B) Cost reimbursable
C) Fixed price
D) Incentive fee
Explanation
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Verified
Time and material contract is a hybrid c...
Contemporary Project Management 3rd Edition by Timothy Kloppenborg
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