Excerpt from Cpif: The New Look in R and D ManagementThis is not to imply that the establish ment of the cost-fee relationship is a simple matter. Several points must be considered. First, the customer cannot expect the sup plier to assume the infinite risk implied by not setting a minimum fee. Thus, a cost point must be reached beyond which the customer agrees to assume all costs if he desires work to continue. Second, there is some cost point below which the fee can not continue to grow, since by law fees are limited to 15% of target costs. This same legislation also demands the setting of a target cost (obviously between the costs corresponding to the maximum and mini mum fee points). It is at this target cost that the target fee (rather, that the portion which is dependent upon project cost) is to be awarded. These three figures: target cost, minimum fee cost, and maximum fee cost, along with the chosen target, and maximum and minimum fees, form the starting points for one method of establish ing the fee-cost relationship.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.