What type of contract is most relevant for the chosen organization?

What type of contract is most relevant for the chosen organization?

What type of contract is most relevant for the chosen organization? 150 150 Nyagu

Based on your chosen organization, compare and contrast the various contract types such as firm-fixed-price (FFP), cost-plus-fixed-fee (CPFF), cost-no-fee (CNF), and cost-plus-incentive-fee (CPIF) contracts. You may also find other contract types applicable to your commercial or governmental organization. Include the following information in your discussion:

What type of contract is most relevant for the chosen organization?
Why is this contract type most relevant?
What is the significance of cost management from a strategic perspective?