cribe the major components of an effective Statement of Work 2) What are the risks to buyers associated with each of the different types of contracts?...

1) Describe the major components of an effective Statement of Work

2) What are the risks to buyers associated with each of the different types of contracts?

3) What are the risks to suppliers associated with each of the different types of contracts?

4) Under what conditions are short term contacts preferable to long term contracts?