I’m trying to study for my Business course and I need some help to understand this question.
Part 1- Reflect on the Chapter 5 Scope Management from the attached text and then type a two page paper regarding what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding. Define and describe what you thought was worthy of your understanding in half a page, and then explain why you felt it was important, how you will use it, and/or how important it is in project management.
Part 2- What is the difference between a turnkey contract and a cost-plus contract? Include in your discussion the advantages and disadvantages of each.
The assignment is to answer the question provided above in essay form. This is to be in narrative form. Bullet points should not to be used. The paper should be at least 1.5 – 2 pages in length, Times New Roman 12-pt font, double-spaced, 1 inch margins and utilizing at least one outside scholarly or professional source related to project management. This does not mean blogs or websites. This source should be a published article in a scholarly journal (Journal of Project Management) or a professional journal (such as PMI’s Project Management Journal). This source should provide substance and not just be mentioned briefly to fulfill this criteria. The textbook should also be utilized. Do not use quotes. Do not insert excess line spacing. APA formatting and citiation should be used.
Part 1 and Part 2 each needs to be of 2 pages each. Need to cite in the text as well not just in the references.
Please make sure to cite the journal used for part 2
Attached text book