GAQM Exam PPM-001 Topic 2 Question 78 Discussion

Actual exam question for GAQM's PPM-001 exam

Question #: 78
Topic #: 2

[All PPM-001 Questions]

Which contract type is typically used whenever the seller's performance period spans a considerable period of years?

AFixed-Price-Incentive-Fee contracts (FPIF)

BFixed Price with Economic Price Adjustment contracts (FP-EPA)

CCost-Plus-Fixed-Fee contracts (CPFF)

DTime and Material contracts (T&M)

Show Suggested Answer

Suggested Answer: B

by Melissa at Dec 14, 2023, 05:10 AM

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2 days ago

I agree with Stephania, FPIF contracts are used for long-term performance periods.

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7 days ago

I think the answer is A) Fixed-Price-Incentive-Fee contracts (FPIF).

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