- contract target cost
- contract target cost
The negotiated costs for the original definitized contract and all contractual
changes that have been definitized, but excluding the estimated cost of any
authorized, unpriced changes. The CTC equals the value of the BAC plus
management or contingency reserve.
Source: Max Wideman.com
Copyright: Wideman Comparative Glossary
of Common Project Management Terms v3.1 is copyright by R. Max Wideman, March
2002.
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