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Before work starts, confirm the billing entity, purchase-order requirements, fee/currency, payment schedule, payment terms, expenses and change-control process. Invoice when the agreed trigger occurs and resolve missing procurement information quickly.

Project economics

Project gross margin = fee − direct delivery cost Track contractor, software and other direct delivery costs, plus the internal time required to deliver the work. Common payment structures are upfront payment for small engagements, deposit + completion, milestones, monthly billing or a recurring retainer.