How do you make a fixed-price contract work? This article investigates the reasons why IT projects tend to overrun the budget--and the mitigating actions that can be applied.
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Where evolving procurement requirements come from, and why, is in reality no different than how requirements evolve in any organizational area. The challenge is that they compound themselves, layering restriction upon constraint upon requirement. What can an organization do to improve its procurement efforts? What can be done to make procurement work in support of projects rather than be a barrier, roadblock or black hole?