Instructions: Answer the questions about bidding for the
two different contract types in a. and b. (5th time I have asked
for help on this question… 🙁 )

a. “Cost Plus Award Fee (CPAF)” Contract – Hiring
tool usage experts to transfer knowledge to the student PMs about
the use of the tool on the job for the first 60 days after going
live.

b. “Fixed Price Contract (FPC)” Contract – Planning
for the removal and disposal of the scheduling tool software and
hardware that are no longer to be used.

Which bidding method will you use based on the scenario’s
contract type? Why?

Were there other possible bidding methods if you changed the
contract type that you would consider for this scenario?
Explain.

How does this procurement task of bid selection integrate within
a project?

Once you have selected the ideal bidding method and a bidder has
been accepted, HOW will you ensure that the quality of the final
product will be measured effectively?

What challenges will you need to overcome when measuring and
ensuring quality? Why? How will you overcome these challenges?