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Time and Cost

We'd bet the #1 and #2 questions clients have are: "How much will this cost?" and "When will this be done?"  That should be defined in the contract, even when it's a variable amount of time or expense.  Even if you do fixed bid work, what about setting a possible range?

Sometimes it's not possible to define either of these things at the pre-contract stage.  For example, what if the contract requires you do discovery, systems analysis, etc. before you give a more accurate estimate?  Then put that in the contract.  If you can't tell the client how long/how much,  tell them when you'll know how long/how much.  And then, follow through on that commitment to communicate that information.  They're waiting to find it out, I guarantee.  Oh, yes, and please  MAKE SURE you tell the client what THEY can do to positively or negatively impact this time period or the cost!

There's information in the other sections around Managing Client Expectations that relate to this Time/Cost topic.  Please read those for more!