In an ERP project, several collaboration models are available. Among them, fixed-price contracts are a beneficial option for many businesses. But what are the concrete advantages?
1. Cost predictability
With a fixed-price contract, the project cost is determined from the outset. This allows companies to better manage their budget without fearing unexpected overruns.
2. No surprises
The price remains fixed, even if unforeseen events occur during the project. This avoids unpleasant surprises and ensures peace of mind for the client.
3. Better project management
A fixed-price contract involves rigorous planning. Each stage is clearly defined, which promotes effective time and resource management.
4. Mutual trust
This type of collaboration is based on trust. The service provider is motivated to optimize their work to deliver the project on time and with the expected quality, without inflating billable hours.
5. Suitable for well-defined projects
A fixed-price contract is ideal for projects with clear requirements from the start. If you have a precise idea of what you need, this is the option to choose.
Conclusion
Opting for a fixed-price contract allows for cost control and better visibility of project progress. It’s an ideal solution for businesses with well-defined needs.