One of the important factors that should influence the selection of contract type is how the risk is distributed between the buyer and the seller,and how the project is performed.

Question

Quizplus · Accepted Answer

The distribution of risk and the method of project performance are important factors that should be considered in selecting a contract type. The choice of contract type can have a significant impact on the allocation of risk and the success of the project. Therefore, it is important to carefully consider the risks involved and the capabilities of both parties before deciding on the most appropriate contract type.

One of the Important Factors That Should Influence the Selection