Keller Graduate School of Management – PROJ595 – Risk Management Week 7: Contract Management Part 1 Why do you think companies are not in favor of a

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Keller Graduate School of Management – PROJ595 – Risk ManagementWeek 7: Contract Management Part 1

Why do you think companies are not in favor of a fixed price contract?

 A fixed price with economic price adjustment would have been a more appropriate contract type. The fact that so many other companies refused a fixed price contract should have given the project manager a reason to believe that the contract type was not appropriate.

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