{"id":900563,"date":"2025-01-29T08:34:02","date_gmt":"2025-01-29T03:04:02","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=900563"},"modified":"2025-01-29T08:53:38","modified_gmt":"2025-01-29T03:23:38","slug":"it-firms-move-to-fixed-price-projects","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/01\/29\/it-firms-move-to-fixed-price-projects\/","title":{"rendered":"IT firms move to fixed-price projects"},"content":{"rendered":"<p>The contribution of time and material (T&amp;M) contracts to information technology (IT) firms\u2019 revenue has been on a declining trend, reflecting a growing shift toward fixed-price. This transition is driven by evolving industry dynamics, customer preferences, and technological advancements. <\/p>\n<p>In a T&amp;M contract, clients pay service providers based on the time spent and resources utilised. This model provides flexibility for clients but often limits margin improvements for service providers. Conversely, fixed-price contracts involve a predefined cost for a project, regardless of the actual resources used.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The contribution of time and material (T&amp;M) contracts to information technology (IT) firms\u2019 revenue has been on a declining trend, reflecting a growing shift toward fixed-price. This transition is driven by evolving industry dynamics, customer preferences, and technological advancements. In a T&amp;M contract, clients pay service providers based on the time spent and resources utilised. This model provides flexibility for clients but often limits margin improvements for service providers. Conversely, fixed-price contracts involve a predefined cost for a project, regardless of the actual resources used.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-900563","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/900563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=900563"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/900563\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=900563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=900563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=900563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}