Project Management and Fixed-price Contracts

Project Management Essay Problem
Please see the attachments.
1.The TestBook in the PDF attachments you could use as reference
2.There are 1 question in the Word attachment, please answer all questions. Don't need to copy the question.
There is an essay questions,. You are expected to answer ALL of them. You should read each question carefully and be sure to understand any details, constraints or qualifications which might be included in them. Enter your answers directly below each of the questions. There are no restrictions on formatting.
You are allowed to consult the course textbooks, lessons, and any notes you have taken. You are NOT allowed to consult other individuals, whether or not they are students in the class. You are expected to do your own work and are to be bound by an honor code to abide by that commitment. Failure to do so will result in penalties to be determined by the instructor.
These essay questions are intended to be completed within three hours, so you should try to budget between thirty and forty minutes per question. You may of course spend additional time on them as needed. There are no minimum or maximum length requirements for answers. They will be evaluated and graded on the basis of how well they address the question asked, the relevance, logic and persuasiveness of the arguments expressed AND how well they apply the concepts and best practices provided in course materials. Students are advised to BE DIRECT in answering the questions. Answers which present a lot of basic content about the knowledge area being addressed in a question but do not organize content into a coherent, persuasive argument will receive LOWER, not higher scores! Your content is expected to be legible and understandable, but your answers will
NOT be judged on the basis of spelling, grammar, or English usage as long as it is comprehensible.
In each question, you are expected to pretend you are a credentialed Project Management Professional to get you to apply the project management instruction provided in the course. It is acceptable for you to venture opinions which are not endorsed by PMBOK, the text or the instructor’s lessons, but it is strongly suggested you mention orthodox views before recommending unorthodox ones.
You do NOT have to provide citations for any sources which you use, or to provide a bibliography. It is, however, acceptable to say things like “PMBOK recommends…” if you like.
NEED TO SUMBIT ON THE Turnitin. Will check similarity.
Make sure you did your own work, use your own language to answer all the questions.
Submission will be sent to Turnitin to be electronically reviewed for plagiarism.