I will like to ask what point contracts are paid for please. In the procurement KA calculations, it seems fee buyers are expected to pay seller,under any type of contract chosen is determined after the job has been executed(otherwise,how come there is actual cost). However,there are times in real life when for instsnce, one hears of a contractor not completing work, even though he has been paid for the full contract. What contract type could this be please?
Moderators: Yolanda Mabutas, Timothy Enalls, Scott Gillard, Mary Kathrine Padua, ERIC BARTLETT, Kevin Nason, Steven Mudrinich, PMP, Mark Wuenscher, PMP, John Wolverton, Tracy Shagnea, PMP, Jada Garrett, Mark Lacattiva, Patrick Floris PhD PMP, Ty Weston, PMP, Genevieve Pluviose, PMP
This interview with Simona Fallavollita (LinkedIn Profile) was recorded at the magnificient Project Management Institute (PMI)® Global Conference 2017 in Chicago, Illinois. We discuss the how, what, why and when of the changes that are coming to the PMP exam.