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I've found that whether I prefer fixed price or hourly depends heavily on the client. When the scope is clear and I have a feeling that the client won't be the
by _heimdall 2y ago
I've found that whether I prefer fixed price or hourly depends heavily on the client.
When the scope is clear and I have a feeling that the client won't be the demanding type with frequent, unplanned changes I often prefer fixed price.
If the scope isn't clear though, or if I get a feeling there will be a lot of incoming change requests, I'll go hourly.
- michaelcampbell 2y ago> I get a feeling there will be a lot of incoming change requests, I'll go hourly. Why not a new fixed price for each change?
- wodenokoto 2y agoBecause the scope isn’t clear. What’s a change for one side is at best a clarification for the other side.
- _heimdall 2y agoRenegotiating a fixed price is generally a much harder conversation to have. You're effectively having to say "I can do this for $12,000...well, I could do that for $12,000 but you just changed the goal, so its $15,000 now." With hourly it has always been an easier conversation for me. The estimate is pegged to time, and if change requests come up its easier to see what happened. With they said, I'm pretty generous on actual hours worked if the client doesn't ask for anything different and I simply under estimated the work needed for a job. I'll bill fewer hours when its obvious they my estimate was just wrong.