PMI Certified Associate in Project Management (CAPM) CAPM Question # 294 Topic 30 Discussion

PMI Certified Associate in Project Management (CAPM) CAPM Question # 294 Topic 30 Discussion

CAPM Exam Topic 30 Question 294 Discussion:
Question #: 294
Topic #: 30

The contract in which the seller is reimbursed for all allowable costs for performing the contract work and then receives a fee based upon achieving certain performance objectives is called a:


A.

Cost Plus Incentive Fee Contract (CPIF).


B.

Cost Plus Fixed Fee Contract (CPFF).


C.

Fixed Price Incentive Fee Contract (FPIF).


D.

Time and Material Contract (T&M).


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