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Which of the following contract types has the highest risk to the contractor?

A. Time and material (T&M)

B. Firm fixed price (FFP)

C. Firm fixed price (FFP)and Time and material (T&M)

D. Cost plus incentive fee (CPIF)

E. Cost plus fixed fee (CPFF)

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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2017/05/18
Zaferullah Sharief, PMP®
by Zaferullah Sharief, PMP® , Project Manager , Huawei Technologies

Option B is the correct choice.

hisham abu dagga
by hisham abu dagga , Project Manager / مدير مشاريع , مؤسسة عبدالكريم العواض للمقاولات

Thank you for the invitation

Agreed with Option B

With greetings and appreciation

Krishna   KHASANIS  PMP
by Krishna KHASANIS PMP , Project Manager-Electrical , Larsen & Toubro Ltd, P T & D (International)

It is B - Firm fixed price type contract has the highest risk to the contractor and thanks for the invitation.

يوسف دمدوم
by يوسف دمدوم , مهندس و مسير , مقاولة اشغال البناء

Thank you for the invitation

I agree the option C

 

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