Crucial Exams

Project Management Professional Practice Question

A project manager is working on a cost-plus incentive fee contract with the following parameters: Ceiling Price = $1,000,000, Target Price = $800,000, Buyer's Share Ratio = 80%, and Target Cost = $750,000. What is the Point of Total Assumption (PTA) for this contract?

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    $962,500

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    $925,000

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    $1,000,000

  • You selected this option

    $950,000

Project Management Professional
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