Project Management Professional (PMP) Exam Practice – Question0159

In which type of contract are the performance targets established at the onset and the final contract price determined after completion of all work based on the sellers performance?


A.
Firm-Fixed-Price (FFP)
B. Fixed Price with Economic Price Adjustments (FP-EPA)
C. Fixed-Price-Incentive-Fee (FPIF)
D. Cost Plus Fixed Fee (CPFF)

Correct Answer: C