PK0-005 Project Life Cycle Practice Question
In a fixed-price contract, which party bears the risk of cost overruns?
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Seller
In a fixed-price contract, the seller bears the risk of cost overruns because the price is fixed.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Both equally
Why it's wrong here
Risk is not shared equally.
- ✓
Seller
Why this is correct
The seller bears the risk of cost overruns.
- ✗
Buyer
Why it's wrong here
The buyer is protected from cost overruns.
- ✗
Neither
Why it's wrong here
One party bears the risk.
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This PK0-005 practice question is part of Courseiva's free CompTIA certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the PK0-005 exam.