Firm-fixed-price contract

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Reference no: EM131371991

1. You have been assigned as the new Project Manager to a $20M, 3 year project that is 6 months behind schedule and $1M over budget after one year. Assuming this is a Firm-Fixed-Price contract: (a) What three key questions would you ask the previous project manager? (b) What would you tell the customer? Assuming this is a Cost Reimbursable contract (cost plus fixed fixed) (a) What three key questions would you ask the previous project manager? (b) What would you tell the customer?

2. You are the manager of a project which will require formal design reviews. (

What are key places, times, or events (in the life of the project) that would be good times to hold a design review and why?

What items would you want an independent review board to objectively assess and why?

What things would you do to ensure that the design review(s) goes smoothly?

Reference no: EM131371991

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