Now that you are familiar with T&M SOWs, let’s look at Fixed Price SOWs. This is probably the most common type of contract for bigger software engagements. Whether you are the Client or Vendor, you don’t want to miss the key watchouts in this post.

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In the first part of this series, I shared a primer on NDAs, MSAs, SOWs and COs. In this post, I’ll dive deeper into Time and Materials contracts – their pros and cons and things to look for during negotiations. [Read more…]

In this series, I’ll discuss the key areas in contract negotiations that Product Managers need to know. I’ll describe the basic contracts you’ll encounter (NDA, MSA, SOW and CO) and key watchouts from both the Client and Vendor perspective. [Read more…]

In Part 1, I discussed some of the preparations you’ll need when choosing a software vendor for design or development. In this post, I dive into actually selecting the vendor and what you can expect once you do. [Read more…]

As a Product Manager, sooner or later you might need to outsource some or all of your software design or development to an external vendor. To get you started, here are some key considerations when choosing a software vendor, based on my experience on both the client and the vendor side. [Read more…]