BCS-ISEB

ISEB-PM1 · Question #35

Who has the cost risk in a fixed price (FP) contract?

The correct answer is C. The seller. You've hit your session limit · resets 10:20pm (America/New_York)

Risk Management

Question

Who has the cost risk in a fixed price (FP) contract?

Options

AThe team
BThe buyer
CThe seller
DManagement

How the community answered

(27 responses)

A
7% (2)
B
4% (1)
C
85% (23)
D
4% (1)

Explanation

You've hit your session limit · resets 10:20pm (America/New_York)

Topics

#fixed price contract#contract types#cost risk#procurement

Community Discussion

No community discussion yet for this question.

Sign up to join the discussion

Full ISEB-PM1 Practice