Your company decided to award a contract for project management services on a pharmaceutical research project. Because your company is new to project management and does not understand the full scope of services that may be needed under the contract,
it is most appropriate to award a______________
A. Firm-fixed-price contract
B. Fixed-price-incentive contract
C. Cost-plus-a-percentage-of-cost contract
D. Time-and-materials contract
it is most appropriate to award a______________
A. Firm-fixed-price contract
B. Fixed-price-incentive contract
C. Cost-plus-a-percentage-of-cost contract
D. Time-and-materials contract