Project Management

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Trends and Practices in setting up a PM consultancy

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Anonymous
I am preparing to move away from a dedicate PM job in a full time position within a major corporation. My intent is to start up my own PM practice.
Can anybody suggest how to best understand the options most used in contractual agreements for consultancy work (e.g., hourly vs. per diem, bonus clause for early termination, on budget, etc)?
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Mark Price Perry Business Driven PMO Evangelist| BOT International Orlando, Fl, United States
Dear Anonymous, congratulations on your up and coming career move. You might find that depending upon the type of PM practice you set up, the market rates and engagement approaches might be slightly different. Can you elaborate just a bit further..? Many consultancies provide fixed price program offerings, others bill out on a daily and/or hourly basis. Good luck! -- Mark Perry, VP of Customer Care, BOT International

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