QUESTION: 11

Which of the following has the fundamental purpose to motivate desired performance in one or more specific areas?

Contract incentive
Contract pricing
Objective incentive
Contract penalties

Answer(s): A

QUESTION: 12

Those incentives that use predetermined formula-based methods to calculate the amount of incentive, either positive or negative, in one or more designated areas are called:

Objectively-based and evaluated
Subjectively-based and evaluated
Early-based and evaluated
Final-based and evaluated

Answer(s): A

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QUESTION: 13

Which of the following shows the designated performance area in the objectively-based and evaluated incentives?

Cost performance
Schedule or delivery performance
Quality performance
All of the above

Answer(s): D

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Those incentives that use individual judgment, opinions, and informed impressions as the basis for determining the amount of incentive, either positive or negative, in one or more designated areas are called:

Objectively-based and evaluated
Subjectively-based and evaluated
Early-based and evaluated
Final-based and evaluated

Answer(s): B

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QUESTION: 15

Which of the following shows the designated performance area in the subjectively-based and evaluated incentives?

Award fees
Other special incentives
Both A & B
Neither A nor B

Answer(s): C

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Free Financial CPCM Exam Questions (page: 4)

QUESTION: 11

QUESTION: 12

QUESTION: 13

QUESTION: 14

QUESTION: 15

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