GIAC
GCPM · Question #321
GCPM Question #321: Real Exam Question with Answer & Explanation
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Question
You are the program manager for your project. You are working with the project managers regarding the procurement processes for their projects. You have ruled out one particular contract type because it is considered too risky for the program. Which one of the following contract types is usually considered to be the most dangerous for the buyer?
Options
- ACost plus incentive fee
- BTime and materials
- CCost plus percentage of costs
- DFixed fee
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