BAM 540 Unit 4
Explain how the following contract types allocate risk between a client and a contractor in decentralized projects, and assess the merits and limitations of each: – Fixed-price contract – Cost-plus contract – Performance-based contract – Incentive Contract
Change Question
Source:
(H) Project Management A Risk Management Approach
Ted Klastorin, Gary Mitchell, 2020
Sage Publication
ISBN.13: 978-1-544-33396-0
1. Student used standard essay format: Introduction/Body/Conclusion. The structure is a multi-paragraph essay, clearly developed with effective transitions and solid topic sentences.
2. Student demonstrated an in-depth understanding of the ideas in the assigned reading and critically evaluates/responds to those ideas in an analytical persuasive manner (i.e. graduate level).
3. Student was able to respond clearly and directly to the assignment in an academic manner with good development. The essay indicates a good understanding of the course content and supports its points with textual references.
4. Student demonstrated the use of critical thinking while making novel connections to outside materials and experiences. Analysis is fresh, posing new ways to think of the material.
5. Student demonstrated proper use of grammar, spelling, punctuation, citation style, etc. Writing consistently adheres to A.P.A formatting.