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GAQM APM-001 Exam - Topic 1 Question 24 Discussion

In which type of contract are the performance targets established at the onset and the final contract price determined after completion of all work based on the sellers performance?
C) Fixed-Price-Incentive-Fee (FPIF)
A) Firm-Fixed-Price (FFP)
B) Fixed Price with Economic Price Adjustments (FP-EPA)
D) Cost Plus Fixed Fee (CPFF)

GAQM APM-001 Exam - Topic 1 Question 24 Discussion

Actual exam question for GAQM's APM-001 exam
Question #: 24
Topic #: 1
[All APM-001 Questions]

In which type of contract are the performance targets established at the onset and the final contract price determined after completion of all work based on the sellers performance?

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Suggested Answer: C

by Katina at Nov 18, 2022, 08:28 PM

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Emmanuel
8 months ago
Totally agree with C, FPIF is the way to go for performance-based pricing!
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Vicki
8 months ago
Wait, are you sure it's not D? Cost Plus seems like it fits too.
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Kenda
9 months ago
C is correct, the seller's performance affects the final price.
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Frederic
9 months ago
I thought it was A, FFP contracts are pretty common too.
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Loise
9 months ago
It's definitely C, FPIF contracts have performance targets.
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Tula
9 months ago
I feel like the answer is definitely not CPFF since that one is more about cost reimbursement. FPIF seems to make the most sense here.
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Franchesca
9 months ago
I’m really confused about the differences between these contract types. I thought FFP was the right answer, but now I’m second-guessing myself.
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Ruthann
9 months ago
I remember practicing a question similar to this, and I think it was about how the final price is based on performance. Could it be FPIF?
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Jonelle
9 months ago
I think this might be the Fixed-Price-Incentive-Fee contract, but I'm not entirely sure. The performance targets seem to fit that one.
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Elinore
9 months ago
I'm a little confused by all the different firewall commands. Are firewalld and firewall-cmd the same thing? I want to make sure I use the right one to get the correct answer.
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Rutha
9 months ago
This seems like a pretty straightforward question about hardware attributes. I'm pretty confident the answer is B - CPUs, since more processing power would allow the search head to handle more simultaneous searches.
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