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
Video: What is Point of Total Assumption
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Video: What is Point of Total Assumption
Postby indusharma Wed Jun 25, 2014 11:01 am
Indu Sharma
PMP Trainer
iZenbridge Consultancy Pvt Ltd
PMP Trainer
iZenbridge Consultancy Pvt Ltd
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