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CISSP-ISSMP · Question #90

CISSP-ISSMP Question #90: Real Exam Question with Answer & Explanation

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Security Leadership and Management

Question

Rick is the project manager for TTM project. He is in the process of procuring services from vendors. He makes a contract with a vendor in which he precisely specify the services to be procured, and any changes to the procurement specification will increase the costs to the buyer. Which type of contract is this?

Options

  • AFirm Fixed Price
  • BFixed Price Incentive Fee
  • CCost Plus Fixed Fee Contract
  • DFixed Price with Economic Price Adjustment

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Topics

#Contract types#Procurement#Project management#Firm Fixed Price
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