PMI Exam CAPM Topic 6 Question 64 Discussion

Actual exam question for PMI's CAPM exam

Question #: 64
Topic #: 6

[All CAPM Questions]

Under which type of contract does the seller receive reimbursement for all allowable costs for performing contract work, as well as a fixed-fee payment calculated as a percentage of the initial estimated project costs?

ACost Plus Fixed Fee Contract (CPFF)

BCost Plus Incentive Fee Contract (CPIF)

CFirm Fixed Price Contract (FFP)

DFixed Price with Economic Price Adjustment Contract (FP-EPA)

Show Suggested Answer

Suggested Answer: D

by Reita at Dec 24, 2023, 04:46 AM

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Maynard

2 days ago

I agree, the CPFF contract is the correct answer. It provides the seller with the financial security and predictability they need to take on a project like this.

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Vicente

5 days ago

The CPFF contract seems like the obvious choice here, with the seller getting reimbursed for all allowable costs and a fixed-fee payment. This is the most straightforward option.

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