I am a project manager for a large assignment. The assignment is currently in the final stages andhas been carried out faster and more efficiently than planned. The consequence is that the eventual costs of the project will be less than estimated in the offer. I am confronted with the dilemma to bill the costs actually incurred or the costs as estimated in the offer. I know the financial results of my OpCo are under pressure. What do I do?
I will bill the costs as estimated in the initial offer.
I will bill the costs we have actually incurred.
I tell the client we will give him a discount, because the project went faster than expected as a result of the good cooperation. The discount amounts to half of the difference between the actual costs and the estimated costs.
I will report to my direct supervisor and let him make the decision.