Tutorvo

Fixed Fee vs Time & Materials: Who Carries the Overrun?

Lesson 6 of 815 minLab

This lesson is part of the course

In this lesson

You calculate revenue for time & materials and fixed-fee engagements with one IF, compare margins by contract type and find the real hourly rate the fixed-fee work earned.

Buy the course once for $9.99 to unlock every lesson and lab, the final exam and the certificate – lifetime access, no subscription.

Lessons in this course

  1. Available vs Billable Hours & Utilisation by RoleLab15 min Locked
  2. Bill Rates & Standard Value: Pricing the HoursLab14 min Locked
  3. Realisation & Write-Offs: Billed ÷ StandardLab14 min Locked
  4. Revenue per Consultant, Leverage & Profit per PartnerLab15 min Locked
  5. Project Budget vs Actuals: Hours, Fees & Earned Value-LiteLab15 min Locked
  6. Fixed Fee vs Time & Materials: Who Carries the Overrun?Lab15 min Locked
  7. Capacity & Bench Forecast: Will We Have Enough Work?Lab16 min Locked
  8. Rate Card Pricing for a Target MarginLab16 min Locked