Discuss different types of contractcost variation

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Question

1. Discuss different types of contractcost variation that you know.

2. Mention and Explain different types of contract risks that may render a contract not to be fulfilled on time.

3. Critically discuss any five essential elements of contracts.

4. Preparing procurement contracts entails the process of developing initial version of the contract that has resulted after the completion of the procurement award process. Explain key documents that should be considered in procurement prior to contracts preparation.

5. Discuss any four different types of contract risks that may render a contract not to be fulfilled on time.

Reference no: EM133480157

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