Sent by Jonathan Stark on September 29th, 2016
Folks who use an agile methodology to manage their software projects often ask me if they can value price their projects.
The answer is “Yes!”, as long as the project has a clearly defined business outcome.
If a project does not have a clearly defined business outcome, you can’t value price it for two reasons:
1. You’d have nothing to base the price on 2. You’d have no way to control scope creep
Project management guru Jason Mundok and I just explored this topic at length for an episode of my upcoming podcast. Please sign up here so you don’t miss out:
P.S. Moral of the story: no matter what kind of project management methodology you use, hourly billing is nuts.