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Daniel
Daniel
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Let's suppose there's a customer who needs a software product and there's a custom software development company that is ready to implement this product. They agreed that the customer has to pay X (dollars) for the product.

Am I right, that there're two budgets here? The first one is of the buyer - X (dollars). But for the vendor the budget is not equal to X, it is much less than X (at least because the vendor needs to have some profit, rightso it can't spend all the sum X on implementing the project)?

Let's suppose there's a customer who needs a software product and there's a custom software development company that is ready to implement this product. They agreed that the customer has to pay X (dollars) for the product.

Am I right, that there're two budgets here? The first one is of the buyer - X (dollars). But for the vendor the budget is not equal to X, it is much less than X, right?

Let's suppose there's a customer who needs a software product and there's a custom software development company that is ready to implement this product. They agreed that the customer has to pay X (dollars) for the product.

Am I right, that there're two budgets here? The first one is of the buyer - X (dollars). But for the vendor the budget is not equal to X, it is much less than X (at least because the vendor needs to have some profit, so it can't spend all the sum X on implementing the project)?

Source Link
Daniel
Daniel
  • 2.7k
  • 14
  • 36

What is a budget of an outsource fixed-price project

Let's suppose there's a customer who needs a software product and there's a custom software development company that is ready to implement this product. They agreed that the customer has to pay X (dollars) for the product.

Am I right, that there're two budgets here? The first one is of the buyer - X (dollars). But for the vendor the budget is not equal to X, it is much less than X, right?