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		<title>Contracts and Expectations in Small IT Projects – Part 1</title>
		<link>http://professionalservices.net/problog/project_management/contracts-and-expectations-in-small-it-projects-%e2%80%93-part-1-introduction-%e2%80%93-fixed-price-vs-time-and-materials/.</link>
		<comments>http://professionalservices.net/problog/project_management/contracts-and-expectations-in-small-it-projects-%e2%80%93-part-1-introduction-%e2%80%93-fixed-price-vs-time-and-materials/.#comments</comments>
		<pubDate>Wed, 17 Feb 2010 00:00:10 +0000</pubDate>
		<dc:creator>Carey Miller</dc:creator>
				<category><![CDATA[Project Management]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Contract]]></category>
		<category><![CDATA[Contract law]]></category>
		<category><![CDATA[Electronic commerce]]></category>
		<category><![CDATA[generic solution]]></category>
		<category><![CDATA[info@professionalservices.net]]></category>
		<category><![CDATA[Management]]></category>

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		<description><![CDATA[Introduction – Fixed Price vs. Time and Materials It is an axiom that businesses small and large consider IT projects high risk. Many have instituted policies requiring fixed price contracts, in order to minimize their risks. These same companies often do not realize that this policy creates a situation where engagements with their vendors become [...]]]></description>
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