According to PMI, What is the Fairest way for Buyer and Seller to bid a new...

According to PMI, What is the Fairest way for Buyer and Seller to bid a new project?

Select one:

a. Analagous

b. None of these

c. PERT

d. Time and Materials

Expert Solution

Answer : D. Time and Materials

Note : In this type of contract, buyer pays the seller according to the number of hours the work is performed on the new project as compared to fixed bidding where the services are provided for the specific amount.

keosha answered 2 years ago

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