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Post by account_disabled on Nov 25, 2023 8:02:54 GMT 1
An annex to the contract, another contract or simply an order for programming work). Changes generate additional costs, and then Fixed Price loses its greatest advantages : predictability and a fixed price. Advantages Defects Predictability. Ease of management - you receive a finished product that meets your requirements. Limit the number of changes. Minimal investor involvement. Lack of flexibility. It requires a thorough analysis from Complications generate additional costs. Possible C Level Contact List overestimation due to the contractor's high risk. Excessive focus on implementation may impair creativity, efficiency and timeliness of work. Time & Material settlement method. The Time & Material model assumes settlement for the work actually performed. It is used in the case of hourly contracts when the number and scope of activities and business needs may change during work on the project. It allows you to freely control your budget and quickly complete individual stages. And this guarantees savings. The main advantages of Time & Material are transparency, flexibility and dynamics of work.
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