Tag Archive
80/20 analysis
80/20 rule
Communication
conflict resolution
earned value management
EVM
manage scope
Negotiation
PDCA
PMBOK
PMI
PMI PMBOK
PMP
PMP tools
problem solving
project closing
project constraints
project constraints redefined
Project Humor
Project Initiation
Project Management
project management humor
project management tools
project managment tools
project methodology
Project Planning
project pricing
project recovery
project team conflict
project team conflict resolution
project team development
project triage
project triage remediation
project triange
RACI Matrix
Return on Investment
ROI
scope management
T&M
take it or leave it
team development stages
time and materials
Tools
troubled project
updated project constraints
Fixed Price vs. T&M
By: Ray Myers, Jr., PMP There are many ways to price a contract, the most common being Firm Fixed Price and T&M. Selecting the right contract type for your project shouldn’t be a big deal; each one has its own advantages and disadvantages. The Project Manager should have a firm understanding and working knowledge of... »
Project Pricing – T&M
By Ray Myers, Jr., PMP T&M, short for Time and Materials, is a common pricing methodology that is used when the project scope is not clearly defined or when the scope frequently changes. T&M contracts are ideal for small projects or tasks because the client pays for only the actual hours worked and the materials... »
