PMI Exam Questions

In which of the following contract types is a price ceiling set and any additional costs above the p

In which of the following contract types is a price ceiling set and any additional costs above the price ceiling becomes the responsibility of the performing organization?

A.
Firm-Fixed-Price Contracts (FFP)

B.
Fixed-Price-Incentive-Fee Contracts (FPIF)

C.
Cost-Reimbursable Contracts

D.
Time and Materials Contracts (T&M)