Risk management in contracts - what are the different types, Ask an Expert

Management Studies

Risk Management in Contracts

What are the different types of contracts and how do they impact risk?

There are four contracts below and I need to know how they impact risk.
- Firm price
- Fixed price:
- Incentive fee
- Cost plus.

What contract types puts more risk on the buyer? What contract type puts more risk on the seller?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9281951

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