This site contains information for your preparation of PMI's PMP (Project Management Professional) certification exam. I have also Included topics on how to pass the exam and some mock exams.
Tuesday, December 8, 2009
Fixed Price Incentive Contracts
What is a Fixed Price Incentive Contract:
Contract such that all allowable cost is paid and final price is based on total final cost relative to total target cost.
Final price subject to a ceiling price which is negotiated at the outset.
No comments:
Post a Comment