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.
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…]
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…]
I remember the day I was first promoted to manager. It only took me a week or so to realize that I didn’t have a clue about management! Here are some lessons I learned early on that I still use today. Do any of these sound familiar? [Read more…]