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CIPS Exam A8 Topic 1 Question 59 Discussion

Actual exam question for CIPS's A8 exam
Question #: 59
Topic #: 1
[All A8 Questions]

In which of the following situations is a 'fixed price contract' most appropriate?

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Suggested Answer: A

by Felicitas at May 19, 2024, 10:50 AM

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Izetta
7 months ago
Option C is the answer, no doubt. It's like a fixed price contract is the duct tape of the business world - it just works!
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Tamekia
6 months ago
Yeah, it makes sense to use a fixed price contract when the work can be accurately measured.
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Eric
6 months ago
I agree, option C is definitely the best choice for a fixed price contract.
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Merrilee
6 months ago
Yeah, fixed price contracts work best when the work can be accurately foreseen and measured.
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Aleshia
6 months ago
I agree, option C is definitely the most appropriate for a fixed price contract.
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Glory
7 months ago
Option B sounds like a hot mess waiting to happen. I'd steer clear of that one if I were you.
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Helaine
7 months ago
Haha, Option A is like playing roulette with your wallet. Fixed price contract all the way, baby!
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Kimberely
7 months ago
Definitely, fixed price contracts provide more stability.
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Ashton
7 months ago
I agree, Option A sounds risky.
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Amber
7 months ago
I dunno, I'm kind of leaning towards Option D. Gotta be flexible, ya know? Who knows what changes might happen down the line.
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Chantell
7 months ago
Option C is the way to go, man. If you can accurately forecast the work, a fixed price contract is the way to go. Easy peasy!
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Willodean
6 months ago
C
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Dexter
6 months ago
Agreed, it reduces the risk of unexpected costs and changes during the project.
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Nicolette
6 months ago
C
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Yasuko
7 months ago
Agreed, it's much easier to manage when you can accurately predict the work involved.
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Adell
7 months ago
Option C is definitely the best choice for a fixed price contract.
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Hollis
7 months ago
It helps both parties to have a clear understanding of what is expected and the cost involved.
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Fidelia
7 months ago
C
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Shayne
7 months ago
Exactly, a fixed price contract is ideal when the work can be accurately foreseen and measured.
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Ty
7 months ago
C) For a contract where the work can accurately be foreseen and accurately measured
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Lilli
7 months ago
C
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