4 ms·
Entirely disagree with this post. I do a combination of fixed price and time and material work. Sometimes fixed price is a good model, sometimes time and mate
by Closi 3y ago
Entirely disagree with this post.
I do a combination of fixed price and time and material work.
Sometimes fixed price is a good model, sometimes time and material is a good model.
Fixed price works when you know the scope, and are confident that there won’t be roadblocks and rabbit holes. If a project takes longer than you think, you are eating the difference.
There’s nothing wrong with charging per hour if you know the value of your hours. Charging by hours gives you a level of certainty regardless of scope change.
IMO the smart consultant/contractor will use both models, then pick the right one for the project and client.
- ghaff 3y agoTo give a specific example with respect to writing. Want an article, blog post, or somewhat longer customer-facing material. So long as I know something about the topic and know where to go to get more information (maybe from you!) I'm happy to quote a fixed rate (+/- word count requirements). I have a very well-calibrated sense for how long this sort of thing takes and I'll put in some language about review cycles, etc. If you're a law firm that needs an expert witness report, I'll almost certainly charge an hourly rate (which is what the law firm likely expects anyway).