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GIAC GCPM Exam - Topic 7 Question 15 Discussion

Which of the following contracts is generally considered to be the most risky for the buyer?
A) Cost plus percentage of costs
B) Cost plus incentive fee
C) Time and materials
D) Fixed fee

GIAC GCPM Exam - Topic 7 Question 15 Discussion

Actual exam question for GIAC's GCPM exam
Question #: 15
Topic #: 7
[All GCPM Questions]

Which of the following contracts is generally considered to be the most risky for the buyer?

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Suggested Answer: A

by Malcolm at May 07, 2022, 05:03 AM

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Vincent
9 months ago
Not sure about A being the riskiest, what about B?
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Shawnda
9 months ago
A is the worst, costs can skyrocket.
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Sarah
10 months ago
Surprised that A is considered the most risky!
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Bernadine
10 months ago
I disagree, I think C is riskier.
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Ena
10 months ago
Definitely A, it's super risky for buyers.
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Johnetta
10 months ago
I feel like cost plus incentive fee could also be risky, but I can't recall the details on how it compares to the others.
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Tamesha
10 months ago
I'm not entirely sure, but I remember something about time and materials contracts being risky too, especially if the project drags on.
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Shawnda
10 months ago
I think the cost plus percentage of costs contract is the riskiest for the buyer because it can lead to uncontrolled expenses.
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Devorah
10 months ago
I practiced a similar question, and I believe fixed fee contracts are generally safer for buyers, so that might help narrow it down.
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Hoa
10 months ago
Hmm, this looks like a tricky one. I'll need to carefully read through the code and options to figure out the right approach.
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Carlota
10 months ago
I'm pretty sure the answer is Account Link. That sounds like the right object to tie an account to a price list.
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Ashlee
10 months ago
This looks like a straightforward question about retrieving the best iteration from an Azure ML experiment run. I think I can handle this one.
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Moon
10 months ago
I'm a little confused by the options here. An HTTP server and remote JMS client don't seem like they would be directly interacting with the Node Manager. I'll need to double-check my understanding of the Node Manager's functionality.
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Tran
10 months ago
I'm pretty sure Arista switches have 4GB of swap space, so I'll go with option A.
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