Why fixed price financial modelling contracts are bad news for everyone

FINANCIAL MODELLING EXPERTS

Author:

Kenny Whitelaw-Jones

Published:

27 Jun 2013

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When we published the Introduction to Agile Financial Modelling ebook last month we noticed a common thread in the feedback we received from Financial Modelling professionals:

“We agree with what you’re saying about Agile modelling, but our clients want fixed price contracts for model build. How does an iterative, Agile approach work when it comes to pricing?”

Our new ebook is a response to that question. If you’ve ever had a client say to you, “We have all of these needs and wants that have yet to be defined in detail but please tell me precisely how long it will take and how much it will cost?” then this ebook may be an interesting read for you.

In the book we discuss:

Why clients start out wanting fixed price contracts

Why fixed price contracts are generally bad news for modelling projects

Some approaches we have found to be effective in dealing with the disconnect between and Agile approach to financial modelling and requests for fixed price contracts.

  • Why clients start out wanting fixed price contracts
  • Why fixed price contracts are generally bad news for modelling projects
  • Some approaches we have found to be effective in dealing with the disconnect between an Agile approach to modelling and requests for fixed price
DownloadFixedPriceEbook

As ever your comments and feedback would be much appreciated.

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Kenny Whitelaw-Jones
Kenny Whitelaw-Jones is no longer with F1F9 but we really like this blog so we've kept it.