Years back I worked for a "dotcom" company who insisted on using fixed price contracts. After all the so-called management consultants had done their work on a project (although no one could really tell what they were doing), all the budgeted money had been spent and the actual development had to be done for zero money.
Then everybody would yell at the developers for going over budget.
I used to call it RBD (Residual Budget Development).
One night our director of development sent an email complaining that we were not billing enough to the clients. At that time I was billing 100 % and we were working until 3am each day (with no compensation).
I quit a month later (I actually left pure coding jobs forever and went back to the actuarial stuff).
For further actions, you may consider blocking this person and/or reporting abuse
We're a place where coders share, stay up-to-date and grow their careers.
Been there, done that.
Years back I worked for a "dotcom" company who insisted on using fixed price contracts. After all the so-called management consultants had done their work on a project (although no one could really tell what they were doing), all the budgeted money had been spent and the actual development had to be done for zero money.
Then everybody would yell at the developers for going over budget.
I used to call it RBD (Residual Budget Development).
One night our director of development sent an email complaining that we were not billing enough to the clients. At that time I was billing 100 % and we were working until 3am each day (with no compensation).
I quit a month later (I actually left pure coding jobs forever and went back to the actuarial stuff).