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Project Life CyclemediumMultiple ChoiceObjective-mapped

PK0-005 Project Life Cycle Practice Question

Which contract type places the most cost risk on the seller?

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

Fixed-price

A fixed-price contract puts cost risk on the seller because the price is fixed regardless of actual costs.

Answer analysis

Option-by-option breakdown

For each option: why learners choose it and why it is or isn't the right answer here.

  • Fixed-price

    Why this is correct

    Seller bears cost overruns.

  • Cost-reimbursable

    Why it's wrong here

    Cost-reimbursable shifts risk to the buyer.

  • Time and materials

    Why it's wrong here

    T&M shares risk.

  • Cost plus incentive fee

    Why it's wrong here

    Incentive fee may reduce risk, but still cost-reimbursable.

About these practice questions

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Written by Johnson Ajibi, MSc IT Security

Senior Network & Security Engineer · founder of Courseiva

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.