As performance-based contracting grows, it is clear that not all performance-based contracts are firm, fixed price. Conversely, all firm, fixed price contracts are not really performance based. A performance-based contract can be any type of contract, even time and materials.
The abbreviation cwt stands for hundredweight. Unfortunately there are two different definitions of a hundredweight. In the United Kingdom, where it has been replaced by the metric system, a hundredweight is 112 pounds, or 8 stone. In the United States, it is 100 pounds. Carol Buchholz Slack.
Report Abuse. The standard abbreviation for management is of course 'mgmt' as suggested by the other responses. However, it shortens down to only the initial M in certain cases e.g FIMS-Forms Interfae Management System FEMA-Federal Emergency Management Agency FEDSIM-Federaaal Sysem Integrationand Management Center.eport Abuse. Most popular abbreviation for management is Mngmt. Ways to abbreviate Management ordered by rating-http://www.allacronyms.com/management/ab... Source(s): http://www.allacronyms.com/management/ab...