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Fixed Price plus Award Fee Contract (FPAF)
A Fixed Price plus Award Fee (FPAF) contract is a type of contract used in procurements where the contractor is paid a fixed price for the work performed, but also has the potential to earn an additional award fee based on their performance.
Resource leveling vs Resource Smoothing
One of the downsides of Critical Path method is the imbalance between resource availability and allocation. This ends up having resources over allocated than what the availability permits. Resource optimization techniques are used to level the resources. The two techniques used to level the resources are Resource leveling and Resource Smoothing