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What is the significance of cost management

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Assignment

Based on your chosen organization, compare and contrast the various contract types such as firm-fixed-price (FFP), cost-plus-fixed-fee (CPFF), cost-no-fee (CNF), and cost-plus-incentive-fee (CPIF) contracts.

You may also find other contract types applicable to your commercial or governmental organization. Include the following information in your discussion:

What type of contract is most relevant for the chosen organization?

Why is this contract type most relevant?

What is the significance of cost management from a strategic perspective?

Reference no: EM132246550

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