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NEW QUESTION: 1
Assume that your company has a cost-plus-fixed-fee contract. The contract value is $110,000, which consists of $100,000 of estimated costs with a 10-percent fixed fee. Assume that your company completes the work but only incurs $80,000 in actual cost. What is the total cost to the project?
A. $80,000
B. $10,0000
C. $125,000
D. $90,000
Answer: D
Explanation:
In this situation the fixed-fee of $10,000 does not change but now represents a seller profit of 12.5 percent on incurred costs. This means that the total cost to the project is $90,000. [Closing] Fleming 2003, 97 PMI@, PMBOK@ Guide, 2013, 363-364
Topic 10, Project Stakeholder Management
NEW QUESTION: 2
One distinguishing characteristic of a health maintenance organization (HMO) is that, typically, an HMO
A. arranges for the delivery of medical care and provides, or shares in providing, the financing of that care
B. must be organized on a not-for-profit basis
C. may be organized as a corporation, a partnership, or any other legal entity
D. must be federally qualified in order to conduct business in any state
Answer: A
NEW QUESTION: 3
The comparison chart interpretation will result in one of the following scenarios, regardless of the type of measure
EXCEPT:
A. No outliner: Actual performance is within the expected range
B. Incomplete data: Data cannot be analyzed because of complexity
C. Unfavorable outliner: Actual performance is worse than the expected performance
D. Favorable outliner: Actual performance is better than the expected performance
Answer: B