Cost and Price Analysis

Compare and contrast the fixed-price and cost-reimbursement for the VectorCal navigation system. Determine which type of costing mechanism best serves VectorCal’s needs. Provide a rationale for your response. From the e-Activity, compare and contrast the characteristics of the federal contact project that you researched with the contract used during the VectorCal scenario. Specify which characteristics you believe to be the most and least important for any project, and justify your rationale for each.