Which contract type has the most risk for the project manager as a buyer?

You are a risk auditor for your company. You are reviewing the contract types a project manager has used in her project. Of the following, which contract type has the most risk for the project manager as a buyer?

Question:

Which contract type has the most risk for the project manager as a buyer?

Options:

Cost plus percentage of costs

Time and material

Cost plus incentive fee

Fixed-price, incentive fee

Correct Answer

The Correct Answer for this Question is

Cost plus percentage of costs

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