Answer the below:
The purpose of this assignment is for you to understand trade-off skills that a project manager must possess.
Contracts: Their Influence on Projects,“ from your textbook.
1. What is a firm-fixed price contract?
2. What is a fixed-price-incentive-fee contract?
3. What is cost-plus-incentive-fee contract?
4. What is cost-plus-award-fee contract?
5. What is cost-plus-fixed-fee contract?
6. As a buyer, which contract would you consider beneficial and be most interested in obtaining? As a seller, determine which contract you would consider as beneficial and be most interested in obtaining.
You must cite at least three, current scholarly resources. follow APA Requirements are required.