A Fixed-Price Incentive (Firm Target) (FPIF) contract is awarded for $25 million to design acomputer based training course for the Air Force with a period of performance of 18 months. Whatreports, if any, must the Air Force Program Manager (PM) require the contractor provide regardingtheir cost, schedule, and technical performance?

A Fixed-Price Incentive (Firm Target) (FPIF) contract is awarded for $25 million to design a computer based training course for the Air Force with a period of performance of 18 months. Whatreports, if any, must the Air Force Program Manager (PM) require the contractor provide regarding their cost, schedule, and technical performance?

Answer

Air Force Program Manager (PM) would require submission of an Integrated Program Management Report (IPMR) with formats 1 through7.

Projects is an event(starting and finishing time) with date and purpose. A project has stake holders who are responsible for its actualization or not

Integrated project management is the compilation of processes that ensure various aspects of projects are properly coordinated. All relevant stakeholders and resources are been managed and establishes in the documents. Processes must be followed due to organization standards.