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by vasundhar 4591 days ago
For a Business:

* Its a Financial Risk in terms of Commitment to deliver for what is paid for.

You Don't know if the person is really spending the hours he spent.

There is nothing that can save your system, your business, because the business is your life, "Not Necessarily" his.

* Time and Commitment are absent in unwritten understandings.

For a Contractor/Freelancer:

* Its a Financial Risk with respect to the commitment to be paid for deliverable.

* You get only the advance, no matter how complicated the solution you have provided.

* Requirements may change any time, you don't know what you are working and there is no line between success and a failure.