PMI Exam Questions

_________________ Is always the lowest risk for the buyer if the scope of work is not well defined

_________________ Is always the lowest risk for the buyer if the scope of work is not well defined

A.
Purchase order

B.
Fixed Price

C.
Time and material

D.
Cost plus incentive fee

Explanation:
What is Cost Plus Incentive Fee (CPIF)?
Pays all cost an agreed upon fee plus a bonus for beating the performance objective stated in the contract.