nerdexam
PMIPMI

PGMP · Question #77

PGMP Question #77: Real Exam Question with Answer & Explanation

Sign in or unlock PGMP to reveal the answer and full explanation for question #77. The question stem and answer options stay visible for context.

Program Governance

Question

You are the program manager of the NQA Program. In this program you're planning which contract types you'll allow into the program and which ones you will not. One contract type you won't accept is the cost plus percentage of cost contract. Which of the following is a valid reason you would not allow this contract type into your program?

Options

  • AThe contract type requires the vendor to provide a fee for the time invested and the materials
  • BThe contract type allows the vendor to change the price of the work he's completed.
  • CThe contract type allows is the most dangerous for the buyer.
  • DThe contract type requires the vendor to provide a fixed price for the work.

Unlock PGMP to see the answer

You've previewed enough free PGMP questions. Unlock PGMP for full answers, explanations, the timed quiz mode, progress tracking, and the master PDF. Question stem and options stay visible so you can still see what's on the exam.

Topics

#Contract Types#Procurement Management#Cost Plus Percentage of Cost (CPPC)#Program Risk Management
Full PGMP PracticeBrowse All PGMP Questions