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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. $90,000
B. $80,000
C. $10,0000
D. $125,000
Answer: A
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. must be organized on a not-for-profit basis
B. arranges for the delivery of medical care and provides, or shares in providing, the financing of that care
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: B
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