At Titan, we approach our agreements and contracts as win-win arrangements that need to make sense for all parties involved. For example, we had a client that wanted us to bid on a fixed price arrangement. After reviewing their requirements, risks, resources and skill levels, we advised them against using a Fixed Price model because we didn’t see success at the end of the project. They insisted on that approach and we respectfully declined to bid.
After a year with two different partners, the client came back to us asking for our advice on how to best run the project. We assessed where they were in their work and recommended a Time and Materials model because it would reduce their costs and allow them to focus more on the work. They agreed and we finished the project on budget and within the agreed upon timeline.
IT projects are tricky. They require communication, experience, skill, patience, and leadership. For this reason, we review each project with an open mind. What worked on the last project may not work best this time around. This is why we offer win-win agreements with our clients that work.
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