The following PMP® exam sample question is taken from the Free PMP Exam Simulator at http://free.pm-exam-simulator.com - The answer is at the very bottom:

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The risk shared between the buyer and the seller is determined by which of the following?
A.) The Scope of Work
B.) The Teaming Agreement
C.) The Contract Type
D.) The Project Charter

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Hint: How can you control the project risk while negotiating the scope of work with a seller??
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Until next time,
Cornelius Fichtner, PMP
President, OSP International LLC
The Project Management PrepCast™ - http://www.project-management-prepcast.com
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ANSWER AND EXPLANATION:
The correct answer is C
Explanation: The risk shared between the buyer and seller is determined by the contract type. For example, fixed-price contracts have a higher risk for the seller while cost-reimbursable contracts have a higher risk for the buyer.
PMBOK Guide 4th Edition, page 322