___ contracts are most appropriate for projects that involve risk.
A) Fixed price
B) Flat price
C) BAFO
D) Cost reimbursement

Question

Quizplus · Accepted Answer

Cost reimbursement contracts are most appropriate for projects that involve risk because they allow the contractor to recover their costs if unexpected issues arise during the project. This provides a level of flexibility and reduces the financial risk for the contractor. The downside is that these contracts can be more complex and require more oversight to ensure costs are being properly allocated.

___ Contracts Are Most Appropriate for Projects That Involve Risk