PMP Formula of the Week: Fixed-Price Incentive Fee Contract

As the seller, you are completing a project under a fixed-price incentive fee contract, with a fixed price of $130,000. The incentive (or penalty) is set at $2,000 per week for each week that the project is under (or over) schedule. When you deliver the project two weeks late, how much money will you receive?

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Preparing for an Unknown Cyber Threat

It seems that the cyber security conversation is never-ending. Topics, ideas, insights or just about any other constructive thinking inside your organization, has cyber security sprinkled into it. As they should, security teams are watching the warning networks, requesting tools to better secure data, patching and praying, as well as trying to imagine what’s next.
Unfortunately all of the confidence scores around stopping the next cyber attack or closing the next security breech assume the next one will be of the same type or kind as prior attacks. But what if it is not? What if the next security attack is of a totally different kind? What if the prior 37 attacks and cleanups have all left little pieces of code in places you may not think of, such as router cache, and the next attack will assemble those 37 bits of code into a completely new thing? Is your organization ready for that? How do you know? If not, how do you prepare?

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