Benefits and disadvantages offered by each type of contract

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Reference no: EM13759026

"Project Procurement"Please respond to the following:

Evaluate procurement contract types that are available to facilitate external goods and services. Describe the benefits and disadvantages offered by each type of contract. Determine which type of contract provides greater risk to buyer.

Recommend possible activities that could be performed by the project manager in order to minimize potential challenges within each type of contract you selected. Use an example to justify your answer.

Reference no: EM13759026

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