The challenge to manage Time and Materials Contract can consume your time and effort and overwhelm you. But no more - DocHub is here to take the effort out of editing and completing your paperwork. You can forget about spending hours adjusting, signing, and organizing papers and stressing about data security. Our solution provides industry-leading data protection procedures, so you don’t need to think twice about trusting us with your sensitive information.
DocHub supports different file formats and is available across multiple platforms.
[Music] hi everyone welcome back to this series of project management key concepts from the project management body of knowledge this one were looking at is contracts in your project and procurement so contracts are a legal agreement or theyre legal agreement relationships between two or more parties so an agreement might not involve a contract if were making an agreement such as you know kicking off a project or initiating a project with a project charter thats just an agreement and it doesnt necessarily involve a contract however every contract we make will involve an agreement and youll see these terms come up and be used in the PMBOK guide youll see agreements come up and then obviously the use of these contracts that were going to go over now there are a few different types of contracts that youll see in use and you might have questions on these on the PMP exam so first of all weve got fixed price contracts and within that weve got firm fixed price and youll see these
