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Project Management Professional PMP Mock Exam Practice

  • Project Management Professional (PMP)

Tag: Question 0165

Project Management Professional (PMP) Exam Practice – Question0165

Which type of contract is a hybrid of both a cost-reimbursable and a fixed-price contract?


A.
Cost Plus Award Fee Contract (CPAF)
B. Firm-Fixed -Price Contract (FFP)
C. Time and Material Contract (T&M)
D. Cost Plus Incentive Fee Contract (CPIF)

Correct Answer: C

Tagged Project Management Professional (PMP) Exam Practice, Question 0165
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