Smarter Software Outsourcing

15.3 [Project Estimation] Open ended contracts: How wielding predictability can mitigate risk?

June 11, 2021 Frederic
Smarter Software Outsourcing
15.3 [Project Estimation] Open ended contracts: How wielding predictability can mitigate risk?
Show Notes

Risks appear as technical roadblocks and costs during the life cycle of the project. Predictable billing puts clients in control of their spend.

[0:00] Intro to Open ended contracts: How wielding predictability can mitigate risk?
[2:33] What is an “open-ended contract”?
[29:17] Open-ended contract as a client
[43:54] Who are “open-ended” contracts best suited to?
[45:39] Don’t “time billing” arrangements cause a conflict of interest?
[47:59] What happens if a team resource is underperforming?
[52:38] Is this level of control for the client diminishing the responsibility of the provider?
[54:55] How can clients “wield” or use the predictability of this approach to their advantage?
[58:22] Does Arcanys offer any unique options as part of their OEC?

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