Please see the attached file and provide the appropriate answers to each question.
Question 1. How is risk related to the type of contract in terms of the buyer and seller?
Question 2. How do the buyer and seller benefit from incentives in a cost plus incentive contract?
Question 3. What is the purpose of an RFP, SOW, RFQ?
Question 4. What is the definition of a contract?
Question 5. How does "risk" impact potential payoff?
Question 6. What is the purpose of a Pareto diagram?
Question 7. What is the "rule of 7" in terms of quality control and how is it used to determine if a process needs to be investigated?
Question 8. What is a project?
Question 9. How are activities indicated in a precedence diagram network?
Question 10. How is activity "float" computed in terms of the values of early start, late start, early finish and late finish.