Using the time and materials contract type

Assignment Help Operation Management
Reference no: EM13756761

It is well known that the Federal Government in general, and DoD in particular, discourages agencies from using the Time & Materials (T&M) contract type.

a. Why is that?

b. Describe a scenario where the T&M contract type is likely to be the best contract type despite the “discouragement”.

c. Your Division Head refuses to let you use that contract type despite your sound rationale. So, is it ethical to “modify” a Firm Fixed Price (FFP) or Cost Plus Fixed Fee (CPFF) contract type to act like a T&M contract?

Reference no: EM13756761

Questions Cloud

Challenges and solutions in any of the pmi : You are a project manager managing an IT project. What are your top three challenges and solutions in any of the PMI ten knowledge areas? and why
Efforts to practice corporate social responsibility : Is it ethical for companies to benefit from their efforts to practice corporate social responsibility? Why or why not? How can anyone be sure that CSR efforts aren’t just public relations ploys?
Dryice are designing the manufacturing network : Dry Ice., is a manufacturer of air conditioners that has seen its demand grow significantly. The company anticipates nationwide demand for the next year to be 180,000 units in the South, 120,000 units in in the Midwest, 110,000 units in the East, and..
Mistakes that novice business analysts make : What do you think are three most common mistakes that novice business analysts make in modeling process or data
Using the time and materials contract type : It is well known that the Federal Government in general, and DoD in particular, discourages agencies from using the Time & Materials (T&M) contract type. Describe a scenario where the T&M contract type is likely to be the best contract type despite t..
What would be resulting effect on equilibrium price level : What effect would this event have on AD or AS, other things being constant - What would be the resulting effect on equilibrium price level? Explain.
Describe at least five major steps in the interview process : Describe at least five major steps in the interview process. How are participants selected for interviews and joint application development (JAD) sessions
Comprehensive balance sheet-single-step income statement : The objective is to prepare a comprehensive balance sheet and single-step income statement presented in good form and derived from a list of various accounts.
External social pressures have in influencing organizational : Conduct online research on the ethics of your organization and the industry it belongs to - Select an organization you work for or one in your chosen field.

Reviews

Write a Review

Operation Management Questions & Answers

  What is the utilization of effective capacity

Steve’s company manufactures smart phones. Under ideal condition they can produce 15,000 units of smart phones in a day. However, the normal production output is 12,000 units/ day. Today the manufacturing division expects to produce 14,000 units to m..

  Select a small business that you may want to start what is

select a small business that you may want to start. what is strategic management and planning? why would a strategic

  What are some sources of risk in a systems analysis

What are some sources of risk in a systems analysis and design project, and how does a project manager cope with risk during the stages of project management.

  How would the customer strategy differ between customers

How might the customer strategy differ in these two situations, or would it? 3. How would the customer strategy differ between customers in France and the United States?

  Is the company delivering six sigma quality to its customers

If not, then how much should the standard deviation of the process be reduced to get six sigman quality?

  Discuss the differences between utilization and efficiency

Discuss the differences between utilization and efficiency as measures of system performance. Which (if any) is the most useful measure for an operations manager? Why?

  Effect on the dollar than the euro

think that China and India are ultimately going to have a more pronounced effect on the dollar than the euro; just on the basis of sheer trade volume alone. Wonder how long Greece will need its financial wheels "greased" by other countries? Do you..

  What are the steps to conduct a hypothesis test

What are the steps to conduct a hypothesis test? How does a researcher determine which statistical test to conduct? How does a researcher determine which level of significance to use? What software programs can be used to compute these tests? Where i..

  How many customers are in webfluxs internal queue

What is the average time that a customer has to wait to receive the Sundown DVD after the request? Recall it takes 1 day for a shipped DVD to arrive at a customer address

  Identifying appropriate design approaches for service

Write an executive summary identifying appropriate design approaches for a selected product and service.

  Find the related supply chain activities

Present your finding in a table with the system life-cycle stage in the first column, system life-cycle activities in the second column and the related supply chain activities in the third column.

  Write down an executive summary recognizing appropriate

complete the process design matrix.write an executive summary identifying appropriate design approaches for a selected

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!

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