Question about time and materials contract

cpt_nemo's picture
cpt_nemo

81 points

1
0
-1

Under what conditions would you generally choose to use a time and materials contract?

Communications
Procurement
Project Stakeholder
Posted 3 years ago. 5412 views.
Answer
2 Answers

lulabot's picture
lulabot

206 points

This one is the BEST answer!
1
0
-1

You would generally choose to use a time and materials form of contract when the work is small and ill defined, or under emergency conditions where the work must be completed quickly and there is not time to negotiate any other form of contract.

- 3 years ago.

IceBeam's picture
IceBeam

15 points

1
0
-1

When the project duration is short, when u need to outsource a project, when the scope is not well defined.

- 3 years ago.

Related content

Communications + 1 more
What should you do in relation to the contractual negotiations?
Views: 3,694 Votes: 0 Answers: 2
Project Management + 1 more
What are the three key elements?
Views: 2,212 Votes: 0 Answers: 0
Communications + 1 more
What function would a project management office play?
Views: 3,358 Votes: 0 Answers: 1
Communications + 1 more
Negotiated settlements?
Views: 2,038 Votes: 0 Answers: 0
Project Stakeholder + 1 more
Primary objective
Views: 3,464 Votes: 0 Answers: 1