PMP Exam Simulator

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Accelerate Mock ExamDisplay correct answer

PMP exam lasts 230min and has 180 questions

Use acceleration to have extra 30m in reserve on exam

Procurement Management

The seller is delivering extra profit on the cost plus fixed fee (CPFF) contract. The sponsor is worried about this fact. Once a month the sponsor requires you, the project manager, to submit CPI calculations and analysis of the cost to complete. You explain to the sponsor that extra profit on this project should not worry him because:

There can only be a maximum 10 percent increase if there is an unexpected cost overrun.

All costs invoiced are being audited.

The team makes sure that the seller does not cut scope.

The fee is only received by the seller when the project is completed.