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PK0-005 · Question #372

Which of the following best describes why a project manager would decide to sign a fixed-price contract with a vendor?

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Project Management Concepts

Question

Which of the following best describes why a project manager would decide to sign a fixed-price contract with a vendor?

Options

  • AThe scope of the project deliverable is clearly defined
  • BThere is a non-disclosure agreement in place
  • CThere are multiple requirements for the product
  • DThe PM wants to simplify the logistics of the required product

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Topics

#contract types#fixed-price contracts#procurement management#scope definition
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