Thursday, December 10, 2009

Disadvantages of Cost Reimbursable Contract

Disadvantages of Cost Reimbursable Contract include:
  • Require auditing seller's invoices
  • Require more work for the buyer to manage
  • Seller has only a moderate incentive to control costs
  • Total price is unknown

No comments:

Recommended Books on PMP

Suggested Study Materials

  • PMP-Preparation Recommended Books
  • PMP Exam Prep, Fifth Edition: Rita's Course in a Book for Passing the PMP Exam
  • A Guide to the Project Management Body of Knowledge, Third Edition (PMBOK Guides)
  • The PMP Exam: How to Pass On Your First Try (Test Prep series)