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You are the project manager for an outdoor concert event scheduled for 1 year from today. You're working on the procurement plan for the computer software program that will control the lighting and screen projections during the concert. You've decided to contract with a professional services company that specializes in writing custom software programs. You want to minimize the risk to the organization, so you'll option for which contract type?
A. Fixed price plus incentive
B. Cost plus fixed fee
C. Fixed price
D. Cost plus incentive

Answer Posted / Mohd Zeeshan

A. Fixed price plus incentive

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