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A functional manager is delegating a key project to a project team without a project manager. Which communication method will be most effective?
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Question 291 - CAPM discussion

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A project requires a component with well-understood specifications. Performance targets are established at the outset, and the final contract price is determined after completion of all work based on the seller's performance. The most appropriate agreement with the supplier is:

A.
Cost Plus Incentive Fee (CPIF).
Answers
A.
Cost Plus Incentive Fee (CPIF).
B.
Fixed Price Incentive Fee (FPIF).
Answers
B.
Fixed Price Incentive Fee (FPIF).
C.
Cost Plus Award Fee (CPAF).
Answers
C.
Cost Plus Award Fee (CPAF).
D.
Fixed Price with Economic Price Adjustment (FP-EPA).
Answers
D.
Fixed Price with Economic Price Adjustment (FP-EPA).
Suggested answer: B
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asked 23/09/2024
Ruud God
36 questions
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