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CAPM · Question #165
CAPM Question #165: Real Exam Question with Answer & Explanation
The correct answer is B: Firm fixed price (FFP). See the full explanation below for the reasoning.
Predictive, Plan-Based Methodologies
Question
Which contract type is least desirable to a vendor?
Options
- AFixed price with economic price adjustment (FPEPA)
- BFirm fixed price (FFP)
- CCost plus fixed fee (CPFF)
- DCost plus award fee (CPAF)
Topics
#Contract types#Vendor risk#Procurement management#Risk allocation
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