Pricing your Work

[NinongTips]

Madalas kong nakikita dito yung tanong na pano nga ba ang tamang presyo ng isang freelance project. Maraming walang idea, unless may given na na project cost, o talagang maraming system na na kapareha na existing.

Kadalasang nangyayari yung walang base price na system sa mga custom systems.

My usual formula for that is

Hour_rate= (My monthly rate / monthly working days / daily working hours )
Example:
Hour_rate = (20,000 / 25 / 8 );
Hour_rate = 100;

Basically, kung bago ka pa lang talaga, base rate ka sa 17,000.00.

Final formula of project cost is
(work_hours* Hour_rate)*[1.20~1.85](incentive percentage/uniqueness/difficulty)

Example:
15 days of work @ 8hours = 120 work hours

Cost = (120*100)*1.25
Cost = (12,000)*1.25
Cost = 15,000.00

Yung 1.20~1.85 eh yan yung percentage na ipapatong kung medyo mahirap ang project, feel mo unique, or the "yosi percentage" - kumbaga reward mo sa sarili mo.

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"Pano nga Ninong kung urgent yung project???"
Alam mo anak, Simple lang, at di ko alam kung bakit inaanak kita ulit. It's either you double the working hours or do the formula:

urgent_cost = (standard_work_hours + (diff_hours * multiplier))*Hour_rate)*[1.20~1.85](incentive percentage/uniqueness/difficulty)

Example:
Standard Work Days = 15 days
standard_work_hours = 120 (@ 8 hours[15*8]);
Days of Submission = 10 days

Days_difference = 5 days
diff_hours = 40

multiplier = Standard Work Days / Days of Submission
multiplier = 15 / 10
multiplier = 1.5

urgent_cost = ((120 + (40*1.5))*100)*1.25
urgent_cost = ((120 + (60))*100)*1.25
urgent_cost = ((180)*100)*1.25
urgent_cost = (18,000)*1.25
urgent_cost = 22,500.00

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Yung mga presyong nabanggit, eh Gross pa lamang yan. Meaning di kabuohang presyo. Maari mong idagdag ang mga nagasto mo sa pag develop, lalong lalo na yung kagamitang nagagamit PARA LAMANG SA PROJECT NA GINAGAWA MO. Caps lock, para intense. Eh kasi naman, baka idadagdag mo pa yung kape, yung shampoo, internet, o yung kuryente mo, eh palibhasa, talagang yan yung essentials sa pag develop mo. duhh. tanga ka ba?

Pwede din namang di mo sundin ang formula ko. But ito yung formula na ginagamit ko mostly sa freelance projects ko, na hindi lugi both ends, developer - client.

Add ko lang, WORK HOURS MEANS WORK HOURS. Hindi counted yung pag pepeysbuk mo, o pag chachat mo sa crush mong di naman magiging sayo.

Nagmamahal,
Ninong