GAQM APM-001 Exam - Topic 1 Question 24 Discussion

Actual exam question for GAQM's APM-001 exam

Question #: 24
Topic #: 1

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?

AFirm-Fixed-Price (FFP)

BFixed Price with Economic Price Adjustments (FP-EPA)

CFixed-Price-Incentive-Fee (FPIF)

DCost Plus Fixed Fee (CPFF)

Show Suggested Answer

Suggested Answer: C

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

Limited Time Offer

25%

Off

Get Premium APM-001 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Emmanuel

6 months ago

Totally agree with C, FPIF is the way to go for performance-based pricing!

upvoted 0 times

...

Vicki

6 months ago

Wait, are you sure it's not D? Cost Plus seems like it fits too.

upvoted 0 times

...

Kenda

7 months ago

C is correct, the seller's performance affects the final price.

upvoted 0 times

...

Frederic

7 months ago

I thought it was A, FFP contracts are pretty common too.

upvoted 0 times

...

Loise

7 months ago

It's definitely C, FPIF contracts have performance targets.

upvoted 0 times

...

Tula

7 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.

upvoted 0 times

...

Franchesca

7 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.

upvoted 0 times

...

Ruthann

7 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?

upvoted 0 times

...

Jonelle

7 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.

upvoted 0 times

...

Elinore

7 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.

upvoted 0 times

...

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.

upvoted 0 times

...