CompTIA Exam PK0-005 Topic 10 Question 8 Discussion

Actual exam question for CompTIA's PK0-005 exam

Question #: 8
Topic #: 10

A project manager is reviewing a signed legal document pertaining to the hiring of a vendor who will develop an experimental solution. The vendor could not provide accurate estimates at this time because the requirements will probably be changing. The document also contains information about the resources involved and the rates the vendor will charge for the work. Which of the following best describes the legal document the project manager is reviewing?

ATime and materials contract

BMaster service agreement

CFixed-price contract

DNon-disclosure agreement

Show Suggested Answer

Suggested Answer: C

Milestones are activities with zero duration that are added to a project schedule by a project manager. Milestones are significant events or achievements in a project that mark the completion of a phase, deliverable, or task. Milestones can help to track and measure the progress and performance of a project and communicate it to stakeholders.

by Sherita at Jul 27, 2023, 06:59 PM

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Ronna

4 days ago

Hmm, this seems to be a time and materials contract. The changing requirements and the lack of accurate estimates suggest a flexible approach rather than a fixed-price contract.

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