OnBrio Glossary
Fixed-Fee Pricing
Fixed-fee pricing charges a single, predetermined price for a defined scope of work, regardless of how many hours it actually takes to complete.
A single, predetermined price for a defined scope of work, regardless of how many hours it actually takes to complete, as opposed to hourly billing. Fixed-fee pricing rewards efficiency and gives clients budget certainty, but requires a tightly defined scope of work to avoid absorbing the cost of scope creep.
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About Fixed-Fee Pricing
Fixed-fee pricing charges a single, predetermined price for a defined scope of work, regardless of how many hours it actually takes to complete.
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