Your organization and a seller have just agreed to a contract with a total cost of $150,000, an estimated profit of $10,000, buyer/seller sharing of 70/30 and a ceiling price of $170,000. What is the PTA (point of total assumption)?
A. $170,000
B. $160,000
C. $164,286
D. $166,453
Related Resources
PMP Exam Prep Mobile App
Project Management White Papers
Related Courses
IT Project Management
Project Management Fundamentals
Project Management, Leadership, and Communication
PMP Exam Prep Boot Camp
PMP Formula of the Week Series
- PMP Formula of the Week: Forecasting a Necessary CPI
- PMP Formula of the Week: Forecasting a Necessary CPI Based on an ETC
- PMP Formula of the Week: Ahead or Behind Schedule
- PMP Formula of the Week: Point of Total Assumption
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