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PMP

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33 contributions to PMP
Cost Plus & Fixed Price Contract Question
Hi everyone. I am working my way through the Udemy course and PMBOK Guide, and am just not comprehending the differences between Cost Plus Award Fee and Cost Plus Fixed Fee contracts, and Firm Fixed Price and Fixed Price contracts. Both Cost Plus types cover costs plus an award fee - how are they different? Similarly, both Firm Fixed Price and Firm Fixed are a set amount regardless of cost - how are they different? I think I am missing the nuance here, and appreciate any help from the group. Thanks!
2 likes • Dec '25
Cost means you pay the expenses whatever they are as incurred. Firm fixed means, you have already negotiated the cost. It now wont change. This contract is more in favour of the company than the vendor. Dont worry too much about the different terms. Just understand Cost and Fixed.
0 likes • Dec '25
@Ryan Brunner cost + award is when a incentive is given along with the cost but the amount of that incentive is not pre-decided and depends on the company. Cost + fixed means reimbursement of expenses plus a top up fee that is pre-decided. So award is not a fixed amount agreed previously but a fixed amount is agreed previously when signing the contract. Firm fixed and fixed in my understanding is the same. Just more explicit terms.
Quick question about re-study after failing
Hi, everyone - I took my exam last week and failed - I have rallied to go after it again. I downloaded the Domain and Task sheet from PMI and checked all the Tasks that I did poorly on. Looking for a way to target those tasks in Andrew's class materials to be better prepared, but it seems the way he organized the course is probably not going to yield the results I'm looking for. Any suggestions? Thanks!
0 likes • Dec '25
Please read my journey. It might help - https://www.skool.com/pmp/pmp-passed-1st-attempt?p=3e7755a1
So Nervous
Hi everyone, I paid for my exam and am able to schedule it take it now. I am wondering if I am ready yet. Here is my mock exam score on AR TIA (60 questions each) 1. 70% 2. 73% 3. 82% 4. 78% 5. 72% 6. 72% Average = 74.5% What do you guys think I should be aiming for? Is this enough? I would appreciate any comment/advise!
1 like • Dec '25
The mock exam score is good. You must get the PMI study hall and do the mock tests in there too. Please read my journey, it might help - https://www.skool.com/pmp/pmp-passed-1st-attempt?p=3e7755a1
So PMI has reduced the exam breaks from 10 mins to 5 mins. What are your thoughts?
During the PMP exam, you get 2 breaks of 10 minutes each. In the new PMP Exam Content Outline (ECO) which will take effect July 2026, you still get 2 breaks but they are now 5 minutes each. I don't know what prompted this decision but 5 minutes is too small, especially if you are taking the exam at a test center. I would love to hear your thoughts.
1 like • Nov '25
@Yewande Dayspring-Adenusi but time has increased too....10 mins more now for 5 more questions...not a bad deal at all.
3 likes • Nov '25
@Munish kumar Sharma time is displayed on the right hand top corner and it starts with 230 and goes back from there on. 10 mins breaks are not included in the time. So when you start question 1, you see 230 mins left and as you go answering questions, you will see the time going down from 230 to 0 in the end. So assuming you have 75 mins for each section of 60 questions (leave that 5 mins as buffer for the end), your target at the end of question no. 60 should be to see 155 mins or more on the right hand top corner. At the end of question 120, you should see 80 or more. Anything less than these numbers would mean, you have less than 1 min 33 secs for the last 60 questions which can be tight. At the end of every section of 60 questions, you will get to review the answers. Please do not waste your time doing any review. Just glance to see if all the questions look complete and quickly submit. Every second counts. Once you submit, the screen will say 'Break for 10 mins' and once you say Yes. a timer will start which again is a countdown. You have to log back within 10 mins, else the next session of your exam will start automatically even if you are not there on your desk. Once you log back post your break, the exam timer will start exactly where you stopped when submitting the first 60 questions. So basically the 230 mins is only for your 180 questions and the timer will start and stop only when you are answering the questions. Personally I would have liked the timer to start from 0 and go towards 230 as you then dont need to calculate backwards how much time is left. But I am sure some people would like the countdown and PMI perhaps thinks this is the best way. Lastly, if you are taking the exam at home, for me there was a lot of lag time between 2 questions. The website kept buffering between my submission of the last question and the next question. For some questions I had to wait for almost a minute. Luckily the buffering time is not included in the exam timer so I did not loose time but it was a phenomenal test of my patience. I heard it is not the case if you are taking the exam at the centre.
AR TIA Simulator
Hello everyone. Has anyone here passed the PMP by using Andrew's TIA Simulator, without the Study Hall? If anyone here do, please let me know and score you were receiving.
0 likes • Nov '25
I used TIA initially scoring an average of 75%. Then decided to also use PMI just for variety and it was a great decision. I think a combination of TIA and PMI really helped me pass. You must invest in PMI lower version. It isnt much.
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Ravikumar Puthran
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@ravikumar-puthran-8199
Senior Banking Professional

Active 27d ago
Joined Oct 17, 2025
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