Questions tagged [project management]

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EtherealVoyager EtherealVoyager Sun Sep 15 2024 | 7 answers 1550

What is fixed fee in project management?

Could you please elaborate on the concept of a fixed fee in the context of project management? How does it differ from other types of fee structures, and what are the advantages and disadvantages of using a fixed fee approach? Additionally, how does it impact the budgeting and planning process for a project, and what factors should be considered when deciding whether to adopt a fixed fee model?

What is fixed fee in project management?

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