There are three different types of contacts in procurement management. These are: Fixed Price (FP) – also called as Fixed Fee or Lump Sum Time… Read More »3 Different Types of Contracts: Procurement (PMP Exam)
Types of Contracts and Risk A Question You are working for a Defense Contractor. Your company is bidding for a Government’s secret project called Project… Read More »Which “Type of Contract” is More Risky?
What is PMBOK Guide’s Project Risk Management Process? Nothing | Zilch | Nada | Zero That’s impossible! PMBOK Guide contains globally recognized Standard for Project… Read More »5 Steps That Define PMBOK Guide’s Project Risk Management Process