Once a new consultant has agreed to join the project team, a contract for the procurement of his services would have to be drawn-up. Identify which type of contract you would favour, assuming that you are looking to protect the project and the project team from as much risk as possible.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Once a new consultant has agreed to join the project team, a contract for the procurement of
his services would have to be drawn-up.
Identify which type of contract you would favour, assuming
that you are looking to protect the project and the project team from as much risk as
possible. 

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