PROJ 410 Final Term Exam All Questions answers Completely detailed out Set 2 Answer 866087 (1)

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  1. (TCO 1) A cost-plus-percentage-fee contract is a: ___. (Points : 5) cost-reimbursable contract, the seller pays the buyer's actual costs, and a percentage of the total project costs cost-reimbursable contract, the seller pays the buyer's actual costs, and all of the total project costs cost-reimbursable contract, the buyer pays the seller's actual costs, and a percentage of the total project costs cost-reimbursable contract, the seller pays the buyer's actual costs, and none of the total project costs

  2. (TCO 2) The difference between the project manager and contract administrator is: __.

(Points : 5) the project manager is responsible for the project-related coordination, while the contract manager is responsible for administering the contract the contract administrator...

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