Saturday, October 31, 2009

What is Cost Plus Fix Fee (CPFF)?

What is Cost Plus Fix Fee (CPFF)?
  • The buyer pays all cost but the fee is at a specific dollar amount.
  • Help to keep the seller's costs in line because a cost overrun will not generate any additional fee or profit.

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Suggested Study Materials

  • PMP-Preparation Recommended Books
  • PMP Exam Prep, Fifth Edition: Rita's Course in a Book for Passing the PMP Exam
  • A Guide to the Project Management Body of Knowledge, Third Edition (PMBOK Guides)
  • The PMP Exam: How to Pass On Your First Try (Test Prep series)