Vendor Management: Fixed Price Contract for Risk Transfer? 4 Risks You Still Own in R&D Projects

We have heard this thousand times… Outsourcing greatly helps in managing better. There are variety of ways to design the project contract between client and vendor organizations. Out of the contract types spectrum, two contract types stand out – T&M (Time and Material) where buyer (customer) bears all the risk. On the other extreme, in … Read moreVendor Management: Fixed Price Contract for Risk Transfer? 4 Risks You Still Own in R&D Projects