Hi ,
Hey what is the difference between TNM and fixed bid projects? Are we at risk when we are in tnm project’s?

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It's T&M (Time and Material), where associates are billed hourly basis irrespective of work. It's capped to 8/9 hours per day.

Fixed Bid is billed for the project outcome. For example take a support project, Cognizant will charge client for example 100k per month to support X applications with a limit of 10k incidents and 1000 change implementation etc etc. Now, Cognizant can achieve this either with 100 associates or 50 or 10. If Cognizant achieves the outcome with less resources then more profit.

Answering your question, the safest is T&M,

it's risky for esp a senior resource to be in a fixed bid (FB) project as he/she may get released anytime. The risk is comparatively less for junior resources on FB projects.

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That was helpful

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