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15.3 [Project Estimation] Open ended contracts: How wielding predictability can mitigate risk?
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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?
Need to grow your team and expand your software development capabilities with a reliable tech partner by your side? Visit www.arcanys.com.
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