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NEW QUESTION: 1
You are the project manager for an outdoor concert event scheduled for one year from today. You're working on the procurement plan for the computer software program that will control the lighting and screen projections during the concert. You've decided to contract with a professional services company that specializes in writing custom software programs. You want to minimize the risk to the organization, so you'll opt for which contract type?
A. Cost plus incentive
B. Fixed price
C. Cost plus fixed fee
D. Fixed price plus incentive
Answer: B
Explanation:
Fixed-price contracts have the highest risk to the seller and the least amount of risk to the buyer. However, the price the vendor charges for the product or service will compensate for the amount of risk they're taking on.
NEW QUESTION: 2
Which two conditions are examples of exit criteria? (Choose two.)
A. All unresolved defects are deferred by the stakeholders.
B. All test cases have been written.
C. All defects are logged.
D. All test scripts have passed.
Answer: A,C
NEW QUESTION: 3
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