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Question

What type of contracts do software clients generally require according to Jørgensen and Grimstad (2004)?

a.

Time and material contracts

b.

Cost-plus contracts

c.

Fixed-price contracts

d.

None of the above

Answer: (c).Fixed-price contracts Explanation:Jørgensen and Grimstad (2004) mention that software clients generally require fixed-price contracts which can lead to the winner's curse phenomenon if software providers have over-optimistic estimates.

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Q. What type of contracts do software clients generally require according to Jørgensen and Grimstad (2004)?

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