Overhaul of a ship at a shipyard represents an example of a large-scale project executed under contract. What characteristics best describe the terms of the project deliverables?

Question

Accepted Answer

The shipyard repairs contract is time-limited with specific start and end dates, is cost-defined, and is very specific in terms of repairs contracted for.

Answer

The shipyard repairs contract is time-limited with specific start and end dates, is cost-defined, and is very general in terms of repairs contracted for.

Answer

The shipyard repairs contract is time-limited with specific start and end dates, is of undetermined cost, and is very specific in terms of repairs contracted for.

Answer

The shipyard repairs contract is open-ended in terms of time, is cost-defined, and is very specific in terms of repairs contracted for.