What is a Fixed Price Incentive Fee Contracts? | Contract Types | FPIF | PMP Exam | PTA

Fixed Price Incentive Fee Contracts (FPIF) are introduced in this video. This is a simple-to-understand guide that covers the FPIF Contracts in totality.

- Basics of FPIF: Positive and Negative Incentives

- Introduction to Actual Price, Actual Profit, Share Ratio, Cost Variance and Point of Total Assumption

- Examples of FPIF Contracts with Schedule, Quality and Cost Incentives

- Range of Actual Cost for which FPIF Share Ratio is valid

- The similarity between Fixed Price Incentive Fee Contracts (FPIF) and Firm Fixed Price Contracts (FFP) beyond the #PTA

- #Formulas for FPIF

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