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PMP Certification Practice Test 10
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Question : 28
Total: 70
Consider yourself as the Seller. From amongst the contracts listed below, for which of them would you pay the most attention to when it comes to the scope of the project?
Fixed Price
Purchase Order
Time and Material
Cost Reimbursable
Validate
Solution:
The seller would be most concerned about the project scope in a Fixed price contract. It is important for the seller to understand the scope completely since in a Fixed Price contract, the seller has the cost risk.
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