To get a good job we need experience and education and a strong willingness to succeed.  But unless we learn how to express those things no one else will recognize them, and no one else will know you are the right person for a job.  There are many things we can do to learn how [...]

Recurring Cost of Sprinkler System

July 6, 2009 | Comments Off

In an era where everyone wants to be Green and save money, it is wise to ask oneself what is the recurrent cost of a home lawn sprinkler system.  While the government requires large home appliances to specify the utility/energy cost, they do not require the sprinkler manufacturers or installers to tell you how much [...]

In Professional Services terms there are two general ways of pricing a project:

Fixed Cost
Time and Materials

Unit of Cost
Project
Time (hour or day)

Most Risk
Consultant
Client

When to do it
Clear Expectations
No Fixed Set of Requirements

Fixed Cost is preferable in many situations. Alan Weiss agrees on his consulting books.   Some of the reasons why:

Provide Value – Not Time.  You want to be [...]

An IOU (I Owe yoU) is an acknowledgment of debt, normally specifying debtor, the amount owed, and sometimes the creditor.  A Promissory Note is a contract specifying unconditional terms on how to pay the debt, including interest (if any) and time of repayment.  The State of California is issuing IOUs to their vendors (essentially telling [...]

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