The question came up in the project management discussion group I run (www.newgrange.org) about how much responsibility a project manager (PM) has in making sure that a vendor is fairly compensated under the terms of a fixed-fee contract. Far be it from me to say a vendor can't enter a fixed-fee deal knowing they'll be taking a loss BUT once the contract is signed a certain attitude of fairness should prevail.
Advisor
It's All Your Own Problem and None of My Own: A Look at Vendor Management
Posted November 15, 2005 | Leadership |
About The Author
Donna Fitzgerald Donna Fitzgerald has more than 20 years of experience managing a variety of functional areas within Fortune 500 companies. Donna is also currently a principle with Knowth… Read More
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