Cost reimbursable contract calculation

Management Problem Set

1.Cost reimbursable contract calculation.

A contract calls for a total payment of $800,000 with a guarantee. Essentially the contractor is guaranteed to make at least $200,000 above his costs. If the contractor can demonstrate his costs exceed $600,000, the project will pay the difference, with a $50,000 ceiling on the overage. The contractor demonstrates he spent $623,000. How much (gross) must the project remit to the contractor?

Another option for the same contract has the contractor guaranteed to be paid his costs plus 20%, for costs that exceed $600,000. With the same initial assumption—guarantee of $800,000 gross payment (no requirement to itemize costs), but if the contractor can show that costs exceed $600,000, the project will pay $800,000 plus the costs that exceed $600,000, plus 20% of those excess costs, with a ceiling of $900,000 gross. The contractor demonstrates he spent $623,000. How much (gross) must the project remit to the contractor?

Under option 1.b, at what dollar amount of total costs would the contractor be assuming all of the excess costs beyond that point?

In which option did the project assume more of the risk of a cost overrun? Explain.

2. Prepare a Pareto chart of the possible causes for a student to fail a final examination in a university course.

1. must be - APA-7 edition  in text citation  with 3 references compulsoryy

ACTIVITY #6- QUESTION-B (LEARNING MATERIAL IS IN ATTACHMENT)

1. 0 % plagiarism needed 
2. 1. For this assignment identify on example of abuse of power. This abuse of power can pertain to corporate, religious or other organizational environment (Example: Enron)  Then research three (3) articles that discuss this abuse of power.  Using the articles as a reference and the terms from this chapter, describe what you believe happened in this abuse situation. Discuss the role that leadership played in this particular abuse of power.

2. Observe the negotiations that take place around you at work. Focus on one negotiation that appears typical for your organization. Disguise the names of those involved and write up a case study on the negotiation process you observed. Utilizing the terms and concepts from this chapter, report your assessment of the effectiveness of both negotiators, their negotiating styles, and provide suggestions for improvement of each person’s negotiation skills.