Project Management Professional (PMP) Exam Practice – Question0856

The project manager of a pipeline project hires a construction contractor using a cost plus fixed fee (CPFF) contract. The contractor provides the project manager with an estimate of US$50,000, and a fixed-fee amount of US$5,000. When the pipeline is
completed, the construction cost is US$60,000.
What amount should the contractor be paid?


A.
US$65,000
B. US$60,000
C. US$55,000
D. US$50,000

Correct Answer: A