PMP / CAPM exam Question bank

Want help on questions?. You can post here or you can post sample questions. Anything related to PMP questions go here.

On what scenario, i should choose Cost reimburse contract Vs T&M

Hi All,

Both PMBOK & Andy Crowe's book suggests that, when the scope isn't defined completely during initial phase of the project, then choose Cost reimburse contract or T&M. Do we have any specific criteria for Cost reimburse and T&M ? 

Please advise !!!

Thanks,

Elangovan

Pages