Principles Of Federal Acquisition And Contract Management

Imagine that you own a small catering company. Your company is applying for a contract to cater a state congressional luncheon. Determine the three (3) most significant cost factors that you should take into account as the contractor. Provide a rationale to support your response.

Per the text, Adams states that contractual risk assessment expands upon traditional Critical Path Methods (CPM) by developing realistic estimates of anticipated risks in the completion of a contract. From the e-Activity, analyze the overall manner in which the company used the risk assessment method and / or risk assessment matrix to meet their contract objective(s). Provide a rationale for your response.

Using the Internet or the Strayer Library, research one (1) industrial or commercial services company that has used risk assessment methods and/or risk assessment matrixes in the process of obtaining a government contract. Be prepared to discuss.