MGT 640 Topic 4 Assignment GCU

Details:
As a project management professional, it is important for you to be able to review numbers and report on what they are saying. It is also important for you to be able to use software that helps you keep timelines and keep the project running on time and smoothly. This assignment will continue to help prepare you for your responsibilities.Respond to the Following Questions/ProblemsA certain project is being negotiated between a buyer and a seller. The project is a research project that has unknown deliverables. The buyer and seller are discussing the type of contract that should be agreed (fixed price or cost reimbursable). The buyer wants the seller to engage in a fixed price contract. What should the seller do? Why?A certain project operating under a CPIF contract has been negotiated and formally agreed-upon between a buyer and a seller. The following information has been included in the contract:

• Target Price: $223,096
• Target Cost: $215,000
• Target Fee: $8,000
• Buyer’s Share Ratio: 0.70
• Seller’s Share Ratio: 0.30

The project has finished and the actual cost that the seller incurred was $207,643.

1. What incentive fee does the buyer pay the seller?
2. What is the total contract price (i.e., what the buyer has to pay the seller in total)?

A certain project operating under a FPIF contract has been negotiated and formally agreed-upon between a buyer and a seller. The following information has been included in the contract:

• Price Ceiling: $531,000
• Target Cost: $505,000
• Target Fee: $20,000
• Buyer’s Share Ratio: 0.90
• Seller’s Share Ratio: 0.10

The project has finished and the actual cost the seller incurred was $510,954.

1. What incentive fee does the buyer pay the seller?
2. What is the total contract price (i.e., what the buyer has to pay the seller in total)?
3. What is the point of total assumption for the seller?

Ensure that your last name is in the file name and submit your completed Excel file by the end of this week.

You are not required to submit this assignment to Turnitin.

 

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MGT 640 Topic 4 Assignment GCU

ACCT 553 DeVry, BIAM 500 DeVry, CIS 500 STR, CIS 558 STR, ENG 105 GCU, FIN 390 DeVry, FIN 504 GCU, HCA 545 GCU, HCA 699 GCU, HLT 306 GCU, HLT 362 GCU, HLT 555 GCU, HLT 610 GCU, HLT 665 GCU, HOSP 594 DeVry, HRM 600 DeVry, MAT 144 GCU, MGMT 600, MGT 599 STR, MGT 655 GCU, MKT 373 GCU, PSY 362 GCU, PSY 565 GCU, PSY 575 GCU, PSY 665 GCU, SOC 102 GCU, SOC 320 GCU, SOC 372 GCU, SOC 412 GCU, NSG 6440 SU, HIM 515 GCU, NSG 4029 SU, HIM 615 GCU, NSG 3029 SU, NSG 4055 SU, NSG 6630 SU, NSG 6005 SU, CRMJ 310, PSY 510 GCU, CRMJ 300 Devry, CRMJ 425, SPD 200 GCU, HLT 490 GCU ,ECH 340 GCU ,           ECH 440 GCU , ECH 355 GCU ,ECH 350 GCU ,LDR 461 GCU ,ECH 425 GCU ,REL 212 STR ,SCI 115 STR ,CIS 505 STR ,JUS 652 GCU, MGT 640 GCU