Cost Plus Incentive Fee Contracts (CPIF) - Part 1: Easy and Comprehensive Guide | PMP | PMBOK

Описание к видео Cost Plus Incentive Fee Contracts (CPIF) - Part 1: Easy and Comprehensive Guide | PMP | PMBOK

Cost Plus Incentive Fee Contracts (CPIF) are introduced in this video. This is a simple-to-understand guide that covers the CPIF Contracts in totality.

- Basics of CPIF

- Target Cost, Target Fee, Target Price, Actual Cost, Actual Fee, Actual Price, Minimum Fee, Maximum Fee

- Similarities and differences between CPIF and CPFF Contracts

- Example of CPIF Contract

- Risk-sharing between seller and buyer in CPIF contract

- Range of Incentive Effectiveness (RIE): Range of Actual Cost for which CPIF Share Ratio is valid

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