Which of the following has the fundamental purpose to motivate desired performance in one or
more specific areas?
A
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:
A
Which of the following shows the designated performance area in the objectively-based and
evaluated incentives?
D
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:
B
Which of the following shows the designated performance area in the subjectively-based and
evaluated incentives?
C
The point at which sharing changes to 0/100 is called the _____________, which represents a cost
figure.
B
The formula to calculate the Point of Total Assumption (PTA) is:
D
Liquidated damages are a negative incentive (penalty) for:
B
A critical aspect in the success of performance-based incentive contracting is called:
A
An agreement on a set of criteria and procedures to be applied by the buyer in determining how well
the seller has performed and how much fee the seller has earned is called:
C