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RFM175 – Building get out clauses into your contracts Time: 24:29
Main talking points include:Prefer to watch this show? Subscribe to the YouTube Channel!
Most common reasons why projects go wrong:
Scope CreepMisaligned ExpectationsMisaligned BudgetInaccurate or insufficient discoveryEven long term retainers have a life span
The importance of thinking how to get our of something, before you get into it...
The difference between quotes and estimates...
For Projects:
Have a specification linked to the estimate – reserve the right to change the quote if the specification changesBe clear where the intellectual property lies at different stages of the projectHave a termination process from BOTH sides in your Contract / Agreement:If the client terminates the projectIf you terminate the projectHave the payment schedule linked to stages YOU controlHave a documented process for packaging up files, sending them to the client and offboarding the client from your systems
For Retainers:
Have a termination process outlined in your Contract / AgreementInclude a notice period – and detail from both sidesDetail how and when final payments will be expected and what they will coverHave a documented process for completing work, sending data to the client and offboarding the client from your systems
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GUID: fefdf9c1-c29d-4946-b509-bef2a8f2c6ce
Release Date: 26/09/2023, 14:00:00
