PMI Exam Questions

For which type of contract have they subscribed?

Company A bought a well-defined project deliverable from Company B. Company A will pay a fixed total price plus a percentage premium for the schedule target achieved.

For which type of contract have they subscribed?

A.
Fixed-price-incentive-fee contracts (FPIF)

B.
Firm-fixed-price-contracts (FFP)

C.
Fixed price with Economic Price Adjustment Contracts (FP-EPA)

D.
Time and material contracts (T&M)