8 votes

If one supplier has delayed your project schedule should the other suppliers on the project be alerted to the new timeline?

I can think of only one reason why you would inform and alter the schedule of one supplier when another is late: dependency, in which case you would have integrated the schedules and everyone involved ...
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  • 36.6k
5 votes

If one supplier has delayed your project schedule should the other suppliers on the project be alerted to the new timeline?

"The many are smarter than the few" is a mantra I've taught to my agile teams for years. There is even a book, The Wisdom of the Crowd, founded on this very concept. I would promote full ...
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3 votes

Why are there more claims in fixed price contracts? Should not there be less claims in fixed price contract?

You seem to be decoupling the concept with an incomplete SOW with an FFP-type contract as if sellers levy claims for one or the other in an exclusive way. An FFP-type contract, itself, does not cause ...
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  • 36.6k
2 votes

If one supplier has delayed your project schedule should the other suppliers on the project be alerted to the new timeline?

Primarily it depends upon how mature your suppliers are. If your suppliers are mature, then can trust them to see the whole picture and deal with the delays in a way that is best for them and all ...
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  • 21
2 votes

Am I right about "fixed price incentive fee" and "fixed price award fee"?-Types of contract

The primary difference between an incentive fee and an award fee is one of the ability to measure objectively against criteria. An incentive fee is used where one can objectively measure; an award fee ...
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  • 36.6k
2 votes
Accepted

When does a software vendor (fixed-price projects) usually get paid?

It's a matter of how the vendor and the client negotiate the contract. Most commonly though, payments are made as work proceeds (monthly, quarterly, more frequently or less, etc) or at specific ...
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  • 13.6k
2 votes

How does inflation affect the cost software making?

Inflation affects everything in the economy. Unless you are building software with volunteers and using donated equipment, software production will also be affected by inflation. You need to pay ...
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  • 13.6k
2 votes

Why are there more claims in fixed price contracts? Should not there be less claims in fixed price contract?

A fixed price contract usually means that payment is tied to a successful outcome and therefore it sets up some expectation of service (perhaps a very complex expectation) which, if not met, means ...
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  • 5,697
1 vote

Why are there more claims in fixed price contracts? Should not there be less claims in fixed price contract?

Sellers are neither nasty nor nice; both sides are negotiating for their own advantage. Fixed price transfers all the risk from the buyer to the seller. When a contractor bids a fixed price job, it ...
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  • 8,697
1 vote

What are the tasks of a Quality Assurance track in a software procurement, implementation and upgrade project

Regarding to the PMBOK-Guide, QA has to plan, manage and controll quality throughout the project. So QA will have to identify all standards and requirements and plan how they can be met. This can only ...
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1 vote

For a IT project that requires vendor involvement, would you manage the Procurement process separately from the actual System Implementation?

Combine procurement and implementation as a single project You don't need a detailed analysis. A project is not a project unless it delivers an ROI. Procurement just incurs a cost. Only when it is ...
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1 vote

If one supplier has delayed your project schedule should the other suppliers on the project be alerted to the new timeline?

Ultimately, you need to do what is going to give your project the best chance of success. While notifying other suppliers that the baseline has moved may help them run their business more smoothly, ...
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  • 215

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