Just Click on Below Link To Download This Course:
https://dodohelp.com/MGT-640-Final-Guide/MGT-640-Topic-4-Assignment-GCU
MGT 640 Topic 4 Assignment GCU
MGT 640 Topic 4 Project Procurement Contract Type Problems
Details:
As a project management professional, it is important for you to be able to
review numbers and report on what they are saying. It is also important for you
to be able to use software that helps you keep timelines and keep the project
running on time and smoothly. This assignment will continue to help prepare you
for your responsibilities.Respond
to the Following Questions/ProblemsA certain project is
being negotiated between a buyer and a seller. The project is a research
project that has unknown deliverables. The buyer and seller are discussing the
type of contract that should be agreed (fixed price or cost reimbursable). The
buyer wants the seller to engage in a fixed price contract. What should the
seller do? Why?A certain project operating under a CPIF contract has been
negotiated and formally agreed-upon between a buyer and a seller. The following
information has been included in the contract:
- Target Price: $223,096
- Target Cost: $215,000
- Target Fee: $8,000
- Buyer’s Share Ratio: 0.70
- Seller’s Share Ratio: 0.30
The project has finished and the actual cost
that the seller incurred was $207,643.
- What incentive fee does the buyer pay the seller?
- What is the total contract price (i.e., what the
buyer has to pay the seller in total)?
A certain project operating under a FPIF
contract has been negotiated and formally agreed-upon between a buyer and a
seller. The following information has been included in the contract:
- Price Ceiling: $531,000
- Target Cost: $505,000
- Target Fee: $20,000
- Buyer’s Share Ratio: 0.90
- Seller’s Share Ratio: 0.10
The project has finished and the actual cost
the seller incurred was $510,954.
- What incentive fee does the buyer pay the seller?
- What is the total contract price (i.e., what the buyer has to pay
the seller in total)?
- What is the point of total assumption for the
seller?
Ensure that your last name is in the file
name and submit your completed Excel file by the end of this week.
You are not required to submit this
assignment to Turnitin.
No comments:
Post a Comment