The trade off skills are among the essential skills that a project manager and any leader within an organization needs to possess, to facilitate the achievement of both project and organizational goals. The Firm-Fixed Price (FFP) contracts Is a form of a fixed contract where the buyer pays the seller a specific amount which is set within the contract. The FPP contract fails to take into consideration any additional costs that a seller may incur when offering the product. This type of contract, therefore, places all the risk associated with costs to the contractor. The seller, to this end, ...
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