fbpx

Reply: How to proceed in cost reimbursable contract - sample question

Name
E-mail
Your e-mail address will never be displayed on the site.
Subject
Message

Topic History of : How to proceed in cost reimbursable contract - sample question

Max. showing the last 6 posts - (Last post first)
5 years 7 months ago #14916

hany azer

's Avatar

answer is
(2)
5 years 9 months ago #14311

Anonymous

's Avatar

Answer is 2 or B
7 years 1 month ago #9787

Joby Samuel

Joby Samuel's Avatar

Your firm awarded a cost reimbursable contract to a pharmaceutical company for some research related activity. Over time, a large number of changes have taken place on the project and it is difficult to keep track of the status of these change requests. What is the BEST alternative for a Project Manager in this case?

1. Terminate the existing contract and negotiate a new one with the seller
2. Capture all the change requests, along with their current status and follow the contract change control system
3. Terminate the existing contract and sign a similar one based on the same terms and conditions as the earlier one
4. Seek advice from the senior management of your organization

This question was taken simplilearn.com - 200 free questions

OSP INTERNATIONAL LLC
OSP INTERNATIONAL LLC
Training for Project Management Professional (PMP)®, PMI Agile Certified Practitioner (PMI-ACP)®, and Certified Associate in Project Management (CAPM)®

Login