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TOPIC: Calculations on contracts for procurement

Calculations on contracts for procurement 3 years 2 months ago #28120

Calculations -Procurement Contracts Topic Author Visitor	Hi everyone, Does anybody know if in the exam you are required to do the calculations on contracts for procurement? I mean, for example calculate the fee for fixed price or cost reimbursable? Thanks Your e-mail address will never be displayed on the site. Check this box to be notified of replies to this topic. Note: BBcode and smileys are still usable.
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[email protected] 3 years 2 months ago #28139

Harry Elston
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Estefany,

All of the calculations on the exam I took (2019, PMBOK 6) were the easy earned value types. I only had 2 or 3 of them. It is more important to know the contract types, their advantages and disadvantages and when they would be used in various situations.

Harry
(edited)

+++++
Harry J. Elston, Ph.D., CIH, PMP

Last edit: by Harry Elston.

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Project Management Professional (PMP)® Exam

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Calculations on contracts for procurement