How to price a project

Hello

i just want to know the best way to price any project as sometimes i offer a price after i finish the work i find out that the work worth more than it and the client refuse to pay more and sometimes i offer higher price than what it should be

Thanks in advance for your help

Web Confection

8 years ago

Level 3

You can't expect a client to pay more because you under estimated. Offer "Time and Materials" or "Fixed Price". When offering FP you always overestimate else set a hourly/daily rate. If the scope of the project is vague go for T&M or FP with milestones payable upon delivery.

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martinbean

8 years ago

Level 80

after i finish the work i find out that the work worth more than it and the client refuse to pay more

@HAGhoniem Then do your best to find out how much the project is worth to the client before you write a line of code.

This is called value-based pricing if you want to read up on it.

The theory is, if something takes you a week to build but it will save your client £1,000,000 a year, then you should charge a lot more than a “day rate” for that week’s worth of work.

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