Why do you think John was hesitant to quote an exact price during the first meeting? 1.2 Why did Ken need an indication of the cost for the total project before he could start the project? 1.3 Was it a good idea to sign a contract for all construction work rather than to break it up into separate phases (with separate contracts) for different parts of the construction work?
Why do you think John was hesitant to quote an exact price during the first meeting? 1.2 Why did Ken need an indication of the cost for the total project before he could start the project? 1.3 Was it a good idea to sign a contract for all construction work rather than to break it up into separate phases (with separate contracts) for different parts of the construction work?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Why do you think John was hesitant to quote an exact price during the first meeting?
1.2 Why did Ken need an indication of the cost for the total project before he could start the
project?
1.3 Was it a good idea to sign a contract for all construction work rather than to break it up into
separate phases (with separate contracts) for different parts of the construction work?
1.4 Why would John require milestone payments during the construction phase rather than a
single payment once the construction has been completed?
1.5 What assurance would Ken have if he discovered during the guarantee period that the roof
leaks when it rains?
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