This site contains information for your preparation of PMI's PMP (Project Management Professional) certification exam. I have also Included topics on how to pass the exam and some mock exams.
Sunday, December 13, 2009
Disadvantages of Time & Material Contract
Disadvantages of Time & Material Contract include:
Profit is in every billed
Seller has no incentive to control costs
Appropriate only for small projects
Requires the most day to day oversight from the buyer
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