Tag: T&M

The Best Kind Of Contract To Manage Is…

The Best Kind Of Contract To Manage Is…

  Unfortunately, there is no ONE best type of contract to manage.  The risk the vendor and customer share is determined by the contract type.  The best thing you can do is understand the risks and benefits of each.  There are three categories of contracts: Fixed-Price, Cost-Reimbursable, and Time and Material (T&M).  In this 3…

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