Cost and Expenses

The total fee is 9 750 plus travel expenses. The fee includes all of the preparatory work, the facilitation
of the groups, analysis and feedback of the data, a written report, and a personal presentation of the
findings.
Payment terms of the fee are:

50% due on acceptance of this proposal

50% due 45 days after acceptance

As a professional courtesy we offer an 8% discount if the full fee is paid on commencement.

Expenses will be billed as accrued and are due on receipt of the statement. Reasonable travel expenses
include airfare, mileage, meals and trips. IMC does not bill for fax, courier, administrative work,
telephone, duplication, or related office expenses.
The quality of our work is guaranteed. While this project may be postponed or rescheduled with our
mutual agreement, it is non-cancelable and all fees are due as indicated in the schedule above.
If IMC doesnt meet your objectives, a total refund of the free is assured.
Processes
IMCs Fee includes 1 round of revisions, provided that such revisions do not require work exceeding the
Scope of Work as defined in this Proposal. IMC may decline, or charge additionally for, work that IMC
reasonably deems to be beyond the Scope of Work.
Dependencies and risks
IMC firmly believes that one of its principal responsibilities to clients is to manage the risks associated
with the internal and external process. IMC develops and implements a customized risk management
programme, which consists of 4 main steps:
(Comment: the purpose of the programme is to manage risks until they no longer exist, and in cases
where a particular risk cannot be eliminated, to minimize the potential negative impact it poses to the
project)

Identification of Risks (Comment: not only at the beginning of the project, but continues
throughout the duration of the project)
Evaluation of Risks
Mitigation and Containment of Risks (Comment: are put in place to reduce the probability of an
occurence, and the containment strategies are put in place to minimize the impact of an
occurrence)
Follow-up of Risks (Comment: periodic review, modified and corrected)

(Comment: IMC analyzed the risks and dependencies is a simple table: )

Risk & Dependencies
Likelihood Impact
Delays in the schedule may
delay prototype availability
and impact the
implementation
Company must deliver
data, information
Plan depends on ..
Technical change impacts
project
A technology innovation
changes the mobile
industry and impacts the
project.
Delays to recruiting
processes impact the
project
The SMT LTD project
involves recruiting
resources, which can
typically take many months
and is highly variable.
Technology components of
the prototype have
security vulnerabilities.
Delays to training impact
the project
If your training budget
requires separate approvals
(e.g. from functional
managers or HR) document
the risk that this will be
slow.
Likelihood/Impact (high, medium, low ranking)

Remediation Plan

Contingency Plan

Comments
Likelihood: How likely it is that the risk will evolve into a real problem. The likelihood may change over
time; something that is unlikely to be a problem at the start of a project may become very likely when
the due date is approaching and the risk has not yet been avoided.
Impact: What is the impact if the risk becomes a real problem? Again, any rating system can be used,
such as high, medium and low. Impact is a bit subjective, but it should address the impact to the overall
product. For example, a high impact risk is one that could cause the entire product to be canceled or
significantly delayed. A low impact might mean increased cost or a small impact to product schedule.

Remediation Plan: This is what I'm going to do to ensure that the risk does not become a problem. For
dependencies, this might include communicating with the supplier early and often, tracking interim
milestones, etc. For technical risks it might mean doing early prototype work, or adding subject-matter
experts to the team.
Contingency Plan: This is what I'm going to do in case the risk evolves into a problem, that is, in case my
remediation plan has failed.
Legal disclaimer
The information and pricing data submitted by XXX in response to the SMT LTD is non-binding and for
evaluation purposes only and is subject to adjustment or modification by XXX after its review,
consideration, and negotiation of the terms and conditions of a definitive final contract.
All data and information contained herein and provided by XXX in response to SMT LTD is considered
confidential and proprietary. The data and information contained herein may not be reproduced,
published or distributed to, or for, any third parties without the express prior written consent of XXX.

Activity number
Consultant 1
Consultant 2
Junior Consultant 1
Junior Consultant 2

Activity number
Consultant 1
Consultant 2
Junior Consultant 1
Junior Consultant 2

1
2 3
4 5.1 5.2
5.3
0.5 0.5
0.5
1
1
1.5
0.5 0.5
0.5
1
1
1.5
0.5
1
1
1 0.5 + 1
0.5
1
1
1 0.5 + 1

6
0.5 + 0.5
0.5 + 0.5
0.5 + 0.5
0.5 + 0.5

7 Total working days

0.5
6.5
0.5
6.5
0.5
6.5
0.5
6.5

Day 1 Day 2 Day 3 Day 4 Day 5 Day 6 Day 7 Day 8 Day 9 Day 10
1
2
3
4
5.1
5.2
5.3
5.3
6
7