Types of Contracts in Procurement Management

Project Procurement Management is arguably the most difficult knowledge area on the PMP Exam. Derek Huether has posted an excellent 3 part series on different types of contracts - Fixed Price, Cost Reimbursable and Time & Material - over at The Critical Path. Here are the links:

• Fixed Price Contract (Part 1 of 3)
• Cost Reimbursable Contract (Part 2 of 3)
• Time and Material Contract (Part 3 of 3)