User Account

All Pages

Requirements and risks

Assignment Help Business Management
Reference no: EM132364082

There are 2 basic types of contracts: the fixed-price contract and the cost-plus contract. Each has several common variations. It is not unusual for any specific contract to have special terms and agreements, so the basic contract is just the starting point. The project manager is most interested in the terms that define and help to control costs, schedule, and quality.

Among the different types of contracts, which contracts do you think would be easiest for ADC to manage, and why? Which contracts would be the most difficult for ADC to manage, and why?

Examples of the contract types include the following:

Firm fixed price

Fixed price with targets

Fixed price at cost

Time and materials

Cost sharing

Cost plus

Within the Discussion Board area, write 600 words that respond to the following questions with your thoughts, ideas, and comments:

Which types of contracts do you think would be easiest for ADC to manage? Why?

Which types of contracts would be the most difficult for ADC to manage? Why?

What specific challenges do you think ADC would face when selecting the ideal type of contract?

What would you do personally to avoid or overcome these challenges?

What can you use to support your arguments?

Reference no: EM132364082

Questions Cloud

Identify their level of management : Identify their level of management. What types of skills do they need in order to be successful? Give examples.
Should managers look after interests of their shareholders : Introduction to Corporate Finance, should Managers Look After the Interests of Their Shareholders? What is your opportunity cost of attending college?
Write three-goal analysis statement that correctly capture : write a three-goal analysis statement that correctly captures the learning platform (academic course or a training course) and its process steps.
Are for-profit companies naturally trustworthy : Are people naturally trustworthy? why? Are for-profit companies naturally trustworthy? why? Are organizations naturally trustworthy? why?
Requirements and risks : Which types of contracts do you think would be easiest for ADC to manage? Why? Which types of contracts would be the most difficult for ADC to manage? Why?
Determine the company tangible and intangible resources : Determine the company's tangible and intangible resources, core capabilities, and core competencies.
Stress understanding your stress triggers : Stress Understanding your stress triggers: What creates stress for you? What do you do to reduce stress?
Discuss the importance and complexity of leadership behavior : Discuss the importance and complexity of leadership behavior. How does it influence organizational structure and performance?
Job components in job description and specifications for job : Analyze the staffing levels within the organization. Explain three or four job components in the job description and specifications for the job.

Reviews

Write a Review

Business Management Questions & Answers

  Difference between an operating lease and a financial lease

What is the difference between an operating lease and a financial lease?-  What is a sale and leaseback?- What is a combination lease?

  Database construction using mysql

Database Construction Using MySQL

  What is the present value of this 20-year cash flow

What is the present value of this 20-year cash flow? Use an 7% discount rate.

  Information systems security manager

You are the Information Systems Security Manager List step by step actions you would take.

  Write a executive summary for your busines plan

Write a one to three page executive summary for your business plan, in which you justify A clear and concise business concept, A thoroughly planned business concept and A capable management structure.

  List major issues in negotiation related to achieving goal

List the major issues in the negotiation related to achieving the goal. Define their relative importance of each issue, and define the bargaining mix. Define the interests. Define the alternatives (BATNAs).

  What countermeasures can be applied to crime

What countermeasures can be applied to crime? What countermeasures can be applied to terrorism?

  What does the term contribution mean

In the basic break-even equation, the term contribution is used. What does the term contribution mean here? What does this number tell the manager?

  Recipient of a 360-degree assessment

If you were a recipient of a 360-degree assessment, what kind of steps would you like to see taken to ensure you could trust the process?

  Recovery deduction using the macrs table

What is the first-year cost recovery deduction using the MACRS table?

  Taxable across state lines

Why is it that municipal bonds are not taxed at the federal level, but are taxable across state lines?

  Dijkstra shortest path algorithm

Compare and contrast this two algorithm: Dijkstra's Shortest Path Algorithm and Bellman-Ford's Shortest Path Algorithm.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd