Florence W wrote:Hello, which is the best option to choose when submitting a proposal pay by milestone or by the project. Thank you.
That depends on the value and if a project can be cut int meaningful milestones. I tend to opt for "by project" unless the value is over around $1000 or more.
Going for several milestones just creates potential delay. Also, when a contract is "by project" I know that all the money is in escrow (provided the client correctly funds it) and I can just get on with it and complete it without having to wait for subsequent milestones to be created and funded.
Martina P wrote:That's the same thing, fixed price.
No, it isn't. When writing a proposal for a fixed rate contract you get to choose "by project" or "by milestones"
Florence W wrote:Hello, which is the best option to choose when submitting a proposal pay by milestone or by the project. Thank you.
That depends on the value and if a project can be cut int meaningful milestones. I tend to opt for "by project" unless the value is over around $1000 or more.
Going for several milestones just creates potential delay. Also, when a contract is "by project" I know that all the money is in escrow (provided the client correctly funds it) and I can just get on with it and complete it without having to wait for subsequent milestones to be created and funded.
Martina P wrote:That's the same thing, fixed price.
No, it isn't. When writing a proposal for a fixed rate contract you get to choose "by project" or "by milestones"
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