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Question:

You have accepted to pay the vendor a bonus if they complete the program at least 30 days earlier than planned, so you’ll opt for which contract type?

A FPIF
explanation

Fixed-price incentive fee contracts are the best option when you need a well-defined set of deliverables for a set price and are including a bonus or incentive for early completion or exceeding expectations.

Comments

edenegayle

2 years ago

I’m not sure how this app is accurate, simple & effective along with FREE? But I’m so grateful. Getting professional qualifications can be so expensive & daunting to tackle. This test taking, review-type app has been so extremely helpful. The structure of the app is so intuitive. It definitely helps with giving you an understanding of why something is wrong / right & making sure it sticks. Absolutely love it & I'm so grateful.

nikhildv

2 years ago

This app has been a great help, It gives perspective with the answers and that helps you prepare ... thanks for sharing it.

kerbs2CB

2 years ago

This app helped me pass my PMP today. The questions are not exactly as they are on the test but they help you with gaining the knowledge you need to pass the test! And it is free! I would recommend this to anyone studying for the PMP.

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