Browsing All posts tagged under »Contracts«

Dirty Consultant Tricks – Leaky Faucet of Billable Hours

October 5, 2012 by

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The leaky faucet, the sieve, the bleeding of billable hours – called different things in different settings they refer to the same concept, a consulting/ contracting company or resource who piles up time and material hours.  It’s also one of three dirty consulting tricks I’ve observed first hand in the last few years.  The irony […]

Contract Changes in the Fourth Edition PMBOK®

January 7, 2010 by

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Contract categorization has changed from the Project Management Institute’s third edition PMBOK to the fourth edition. The formerly simple Fixed Price has been split into three types. The old Cost Plus Fee and Cost Plus Fixed Fee are now both considered Cost Plus Fixed Fee. Cost Plus Incentive Fee has remained the same, except that […]