PMI Exam Questions

Which of the following contract types places the greatest risk on the seller?

Which of the following contract types places the greatest risk on the seller?

A.
Cost-plus-fixed-fee contract

B.
Cost-plus-incentive-fee contract

C.
Fixed-price-incentive fee contract

D.
Firm-fixed-price contract

Explanation:
Firm-fixed-price contract is good for buyer because product cost not change unless scope of work not changes.