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Process > Cost Management > Prices
We only work with fixed-price contracts. Staff-hours are used to calculate the price. The Budget is the amount of required staff-hours multiplied by the price of one staff-hour.
The price per staff-hour includes direct expenses, indirect expenses, and our profit. Depending on the size of the project and cost of technical specialists' efforts price per hour may vary in interval between $25 and $60.
Direct expenses include:
Indirect expenses include:
You approve a Budget as the fixed amount of staff-hours and monetary value required to complete the project. The Budget is never changed if scope of the work is not changed.
Citation from our software development contract: Activities are units of work performed by TPC in order to create and deliver Deliverables, including but not limited to project management, requirements development and management, architectural analysis and design, implementation and unit testing, test planning and testing, configuration management, and deployment.
Last update on Jan 26, 2011