Contract types define the terms and conditions in a given contract. This video talks about three fundamental contract types:
Fixed price
Cost reimbursable and
Time & Material.

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Watch the complete video to know each contract type in detail.

This video is based on PMBOK® Guide Fifth Edition. We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://bit.ly/2TfgXsf

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The Project Management Professional (PMP), PMBOK, The Agile Certified Practitioner (PMIACP), and The Professional in Business Analysis (PMIPBA) is a registered mark of the Project Management Institute, Inc.
PMBOK is a registered mark of the Project Management Institute, Inc.

Materials in this video are based on the text, A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) – Sixth Edition, Project Management Institute Inc., 2017.

We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://bit.ly/2ThMNEK'>https://bit.ly/2ThMNEK

The PMI Registered Education Provider logo is a registered mark of the Project Management Institute, Inc.