NCMA Exam CPCM Topic 3 Question 99 Discussion

Actual exam question for NCMA's CPCM exam

Question #: 99
Topic #: 3

[All CPCM Questions]

An agreement on a set of criteria and procedures to be applied by the buyer in determining how well the seller has performed and how much fee the seller has earned is called:

AInducement plans

BAwarded-plans

CAward-free plans

DContract incentive plans

Show Suggested Answer

Suggested Answer: B

by Devon at Sep 17, 2024, 09:05 AM

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Fausto

19 days ago

I'm going with D) Contract incentive plans. It's the only one that doesn't sound like it was made up by a committee of bureaucrats.

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Sage

1 months ago

D) Contract incentive plans, no doubt. Though I do wonder if the buyer and seller ever have a 'contract tickle fight' as part of the negotiations. *wink wink*

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Milly

12 days ago

Haha, that would be an interesting negotiation tactic!

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Peter

16 days ago

D) Contract incentive plans

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Ciara

18 days ago

C) Award-free plans

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Jesusa

26 days ago

B) Awarded-plans

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Juan

30 days ago

A) Inducement plans

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Aleshia

2 months ago

I was totally lost on this one until I read the options. D) Contract incentive plans sounds like the obvious choice. Who comes up with these test questions anyway?

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Kenneth

6 days ago

Yeah, it definitely makes the most sense out of all the options.

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Elmira

10 days ago

I agree, D) Contract incentive plans seems like the most logical choice.

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Ardella

2 months ago

Hmm, I was thinking it might be B) Awarded-plans, but now I'm reconsidering. D) Contract incentive plans makes more sense.

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Vincent

2 months ago

I'm not sure, but I think it's important for buyers to have a clear way to evaluate seller performance.

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Leontine

2 months ago

I'm pretty sure it's D) Contract incentive plans. That sounds like the correct description of an agreement between a buyer and seller about performance and fees.

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