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Question 1) If a contractor had an original contract price of $1,000,000, had already expended $900,000 in part performance, estimates that the cost of completion would be $0 and has already received $750,000 in progress payments, how much would that contractor be entitled to in damages if you were to use the reasonable cost of completion formula?
Question 2) If a contractor had an original contract price of $1,000,000, had already expended $250,000 in part performance, estimates that the cost of completion would be $500,000 and has already received $250,000 in progress payments, how much would that contractor be entitled to in damages if you were to use the reasonable cost of completion formula?
Using an example of your choice, explain how the Elaboration Likelihood Model (ELM) works. Also, explain when it would be more effective to use each of the
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A procurement manager has been tracking delivery performance of her suppliers. Based on the following data
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