GAQM Associate in Project Management (APM) APM-001 Question # 122 Topic 13 Discussion

GAQM Associate in Project Management (APM) APM-001 Question # 122 Topic 13 Discussion

APM-001 Exam Topic 13 Question 122 Discussion:
Question #: 122
Topic #: 13

Under which type of contract does the seller receive reimbursement for all allowable costs for performing contract work, as well as a fixed-fee payment calculated as a percentage of the initial estimated project costs?


A.

Cost Plus Fixed Fee Contract (CPFF)


B.

Cost Plus Incentive Fee Contract (CPIF)


C.

Firm Fixed Price Contract (FFP)


D.

Fixed Price with Economic Price Adjustment Contract (FP-EPA)


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