
Understanding Project Contract Types for SMB Business Organizations
Different types of contracts in project management serve different project characteristics and risk allocations, from fixed-price agreements that shift risk to contractors to cost-plus structures that require detailed cost documentation. Research from Harvard Business Review on project management shows that selecting appropriate contract structures based on project certainty and risk profiles improves project outcomes. Project teams traditionally create contracts by selecting from multiple template variations and manually adjusting terms to match project requirements. This transformation is powered by connecting your Google Docs templates with your project planning platform, Airtable project database, or estimating system, so contracts generate with appropriate structures, terms, and pricing mechanisms based on project configuration. Your procurement team produces properly structured contracts without manual template selection.





























