Video: What is Point of Total Assumption

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Video: What is Point of Total Assumption

Wed Jun 25, 2014 11:01 am

The point of total assumption (PTA) is the point above which the seller bears all the losses of an additional cost overrun on a fixed price 'incentive fee' (FPIF or FPI) contract.

Knowledge Area: Procurement Management
Process Group: Planning

Keywords: point of total assumption, PTA, procurement management
Indu Sharma
PMP Trainer
iZenbridge Consultancy Pvt Ltd

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