15.2. [Project Estimation] Fixed Price Projects: Why disappointment is inevitable
Description
Explore the hidden costs in project success and why fixed price locks you into something you can't change and will live with until your next project.
[0:00 ] Intro to Fixed Price Projects: Why disappointment is inevitable
[2:26 ] Tell us about your experience running fixed-cost projects. But first, could you describe what a fixed cost project is?
[7:20 ] What kind of expectations did the clients have, and do you think some of them could have been run differently and more efficiently without that fixed constraint?
[25:42 ] Do you feel there is still a place for fixed price projects in the industry?
[30:08 ] Can you tell us why, even if the project is deemed a success, it still always disappoints?
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