PMI Exam CAPM Topic 6 Question 64 Discussion

Actual exam question for PMI's CAPM exam

Question #: 64
Topic #: 6

[All CAPM Questions]

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?

ACost Plus Fixed Fee Contract (CPFF)

BCost Plus Incentive Fee Contract (CPIF)

CFirm Fixed Price Contract (FFP)

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

Show Suggested Answer

Suggested Answer: D

by Reita at Dec 24, 2023, 04:46 AM

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Lemuel

1 days ago

I'm not sure, but I think C) Firm Fixed Price Contract (FFP) could also be a possible answer.

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Polly

2 days ago

I agree with Chantell, CPFF makes sense because it includes reimbursement for costs and a fixed fee.

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Chantell

3 days ago

I think the answer is A) Cost Plus Fixed Fee Contract (CPFF).

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