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NEW QUESTION: 1
A. Option A
B. Option C
C. Option D
D. Option B
Answer: D
NEW QUESTION: 2
The buyer has negotiated a cost-plus-incentive fee contract with the seller. The contract has a target cost of $300,000, a target fee of $40,000, a share ratio of 80/20, a maximum fee of $60,000, and a minimum fee of $10,000. If the seller has actual costs of $380,000, how much fee will the buyer pay?
A. $24,000
B. $56,000
C. $30,000
D. $104,000
Answer: A
Explanation:
Comparing actual costs with the target cost shows an $80,000 overrun. The overrun is shared 80/20 (with the buyer's share always listed first). In this case 20% of $80,000 is $16,000, the seller's share, which is deducted from the $40,000 target fee. The remaining $24,000 is the fee paid to the seller. [Planning and Closing] Garrett 2007, 123 PMBOK@ Guide, 2013, 364
NEW QUESTION: 3
You are the program manager for your organization. Management has assigned you to a new program that has been chartered. Your team is in the process of the Manage Program Issues process. One of the two outputs of this process is change requests. Which one of the following is the other one?
A. Program issues register updates
B. Program performance reports
C. Audit reports
D. Program management plan
Answer: A
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