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Interview multiple candidates
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Search for the right experience
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Ask for past work examples & results
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Vet candidates & ask for past references before hiring
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Once you hire them, give them access for all tools & resources for success
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Under a project cooperation, a service provider determines a set price for a project and the Client agrees to pay that amount. This type of contract tends to be used when the scope of a project and its necessary expenses are well known — often because the provider has done the same or a similar project many times before.
Project contract characteristics:
- All parties understand what goods or services will be delivered and how much the total project will cost.
- The project's scope of work, including specific phases and deadlines, is typically well defined.
- The service provider knows the amount of its profit.
- Project contracts tend to be easier to administer and require less tracking of expenses because the project's total cost is fixed at the outset.
Project contracts make sense when the scope of a project can be clearly defined up front.The service provider is relatively certain that the time and materials needed for the project won't change.Project contracts are suitable when the scope of a project is small, well defined and/or the company has done similar work for other customers.
Contact us today
We're here to help, whether you have a clear project plan and need the necessary resources to make it market-ready, or if you would like to consult with our experts to bring your project to life.