A protect manager needs to request outside support for a statement of work (SOW) that is not precise. Which kind of contract does the project manager need to create?
Time and material contracts (T&M). Time and material contracts (also called time and means) are a hybrid type of contractual arrangement with aspects of both cost-reimbursable and fixed-price contracts. They are often used for staff augmentation, acquisition of experts, and any outside support when a precise statement of work cannot be quickly prescribed.
A Time and Material contract type might be suitable when the scope of work or requirements are not well-defined. It allows for flexibility as it involves payments based on the time spent and the materials used. This contract type provides a degree of flexibility to accommodate changes and uncertainties in the project scope or SOW
Time & Material is used when SOW cannot be defined
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