Problem 1: Please explain what are the fundamental differences between fixed-price and cost-plus contracts? Plus, how does affect what kinds of projects you would recommend for a fixed-price contract or cost-plus contract?
Problem 2: Can teams be used for both fixed-price and cost-plus contracts? Is there a difference in how teams work based on the contract being fixed-price or cost-plus contracts?
Problem 3: How can a project manager influence customer expectations and perceptions?