PMP / CAPM exam Question bank

Want help on questions?. You can post here or you can post sample questions. Anything related to PMP questions go here.

Question - FP and FFP

Submitted by manish_2004_mittal on Sat, 06/04/2011 - 09:16
Forums: 
PMP / CAPM exam Question bank

 Ques->While managing a project, you decide to contract to an external enterprise. You enter into a contract where you pay the external enterprise a set amount (as defined by the contract), irrespective of the seller's costs. What would best describe this type of contract?

Options->

- FFP (Fixed Price Contract)

- FP ( Fixed Price)

Pages