WHAT ARE THE ADVANTAGES OF THE FIXED PRICE ?
Answers
Answered by
2
Fixed price benefits
Fixed price benefitsAfter the project cost is set in the contract, you will know exactly how much you'll pay. The software company cannot overcharge you without prior notice. With this contract model, the risk of overspending your budget is basically zero. Fixed deadline.
Answered by
4
Answer:
The most significant benefit of a fixed price model is that it allows the buyer to set in advance an exact budget. The buyer is aware of the total cost before the project even begins. The fixed price model typically limits the number of changes that occur during the implementation phase of the project.
Similar questions