Timeline for What is a budget of an outsource fixed-price project
Current License: CC BY-SA 4.0
6 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Dec 21, 2020 at 18:16 | comment | added | Daniel | Thank you, I've got what you meant. | |
| Dec 21, 2020 at 13:28 | comment | added | nvogel | @Daniel, PMI's PMBOK Guide tries to cover a range of possibilities for different kinds of work in many different industries. It is not a guide on how to run software projects. | |
| Dec 20, 2020 at 15:18 | comment | added | Daniel | Thank you, but a fixed-price is a very common contract in PMBoK and they use the term budget, so it's unclear what you mean... | |
| Dec 20, 2020 at 13:40 | comment | added | nvogel | If the price the customer pays is fixed then I would not describe that price as a "budget" at all. Surely the point of a budget is that you measure expenditure against it but that's pretty meaningless if the price is fixed because there is presumably nothing to measure. You might have a schedule of payments with associated dates or milestones but I would just call that a payment schedule, not a budget. | |
| Dec 20, 2020 at 13:05 | comment | added | Daniel | So there's one project, one contract, but there're two budgets? Right? | |
| Dec 20, 2020 at 12:57 | history | answered | nvogel | CC BY-SA 4.0 |