In a contract, the point of total assumption refers to the point where?

Question

A. The customer will incur no further costs for the work the contractor performs in the completion of the contract.

B. The schedule and cost variance are zero.

C. The customer incurs the total financial responsibility for each additional dollar spent.

D. The contractor incurs the total financial responsibility for each dollar spent.

E. Both1) The contractor incurs the total financial responsibility for each dollar spent

, and2) The customer will incur no further costs for the work the contractor performs in the completion of the contract..

Abdul Rehman · Answer

Thank you for the invitation. my answer is E

Ayoub Tartir , PMP, GWCPgM, CISA, CISSP, CAP, CSSLP, FITSP-D, CEH, CHFI, CCNA, CCNA Security, Security+, Network+ · Answer

My answer is for option (E)

Muhammad Farooq · Answer

In my opinion - Option E --------------

Krishna KHASANIS PMP · Answer

Out of the given , option D is appropriate choice & thanks for the invite.

In reality PTA refers to " the amount above which seller bears all the loss of cost overrun " .