1) Considering the risk around the cost point estimate, what type of contract wi

Question

1) Considering the risk around the cost point estimate, what type of contract will generally be used for the contracted effort?    Fixed Price Contract with small variance expected around the point estimate.    Cost reimbursable contract with small variance around the point estimate.    Cost Reimbursable contract with no variation around the point estimate.    Fixed price Contract with a large variance expected around the point estimate. 1) Considering the risk around the cost point estimate, what type of contract will generally be used for the contracted effort?    Fixed Price Contract with small variance expected around the point estimate.    Cost reimbursable contract with small variance around the point estimate.    Cost Reimbursable contract with no variation around the point estimate.    Fixed price Contract with a large variance expected around the point estimate.

Explanation / Answer

Cost reimbursable contract with small variance around the point estimate.

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