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medium · Project Management Professional Predictive (Plan-Driven)

A Coveport Logistics project manager is auditing an FPIF contract where Target Cost = 500,000, Target Fee = 50,000, Ceiling Price = 600,000, and Share Ratio = 80/20.

If actual cost is 550,000, what is the final price?

  1. 540,000
  2. 600,000
  3. 550,000
  4. 590,000

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