3 ms·
"And that’s only a fraction of my thoughts after reading Hourly Billing Is Nuts."... and only a fraction of the thought that needs to go into a balanced risk-r
by heisenbit 10y ago
"And that’s only a fraction of my thoughts after reading Hourly Billing Is Nuts."...
and only a fraction of the thought that needs to go into a balanced risk-reward consideration.
- Risk of cost overrun.
- Risk of completion.
- Risk of delivering a result vs. a service.
- Risk of claims being enforced against you or your legal shell. Money at risk.
- Risk of customer willing or able to pay.
- Ability to enforce contract terms from your side.
- Risk of badly managed change.
...
There are clearly opportunities out there. Also some carefully considered hybrid models can work. But it takes more than a fraction of thoughts.