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?

• A.Firm-Fixed-Price (FFP)
• B.Fixed Price with Economic Price Adjustments (FP-EPA)
• C.Fixed-Price-Incentive-Fee (FPIF)
• D.Cost Plus Fixed Fee (CPFF)

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A stakeholder is reading project documents given by the project manager. The stakeholder is curious about the difference between a verified deliverable and an accepted deliverable.
Which of the following definitions can the project manager use to explain the difference?

• A.An accepted deliverable meets acceptance criteria and is formally signed off and approved by the customer or sponsor, a verified deliverable is a completed project deliverable that has been checked and confirmed for accuracy through the Control Quality process
• B.An accepted deliverable meets acceptance criteria and is signed off by the project manager; a verified deliverable meets acceptance criteria and is signed off by the customer or sponsor.
• C.An accepted deliverable is approved by the project team; a verified deliverable is approved and formally signed off by the customer or sponsor.
• D.An accepted deliverable has been checked and confirmed for accuracy through the Control Quality process; a verified deliverable meets acceptance criteria that is formally signed off and approved by the customer or sponsor.

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Which of the following correctly explains the term "progressive elaboration'?

• A.Changing project specifications continuously
• B.Elaborate tracking of the project progress
• C.Elaborate tracking of the project specifications with a change control system
• D.Project specifications becoming more explicit and detailed as the project progresses

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Which is an input to the Verify Scope process?

• A.Project management plan
• B.Performance report
• C.Work breakdown structure (WBS)
• D.Requested changes

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Which of the following is a tool or technique used in the Acquire Project Team process?

• A.Networking
• B.Training
• C.Negotiation
• D.Issue log

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