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This chapter is from the book

This chapter is from the book

Preparation for Consultant: Rates and Fees

When administered and managed properly, a time and material contract provides greater long-term benefit and lower long-term cost to a client. Management issues necessary in a time and materials contract include careful change management and high-level consulting management experience.

Typical expenses that a client must budget for include the billing rate, plus the travel-related costs for airlines, hotels, transportation, and meals.

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