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What is due diligence?
Message
From
05/07/2001 16:29:15
Jay Johengen
Altamahaw-Ossipee, North Carolina, United States
 
General information
Forum:
Visual FoxPro
Category:
Contracts, agreements and general business
Miscellaneous
Thread ID:
00527182
Message ID:
00527185
Views:
23
>Reading another post, the question was raised (at least in my mind), "What constitutes due diligence?".
>
>If a client comes to me with a certain task, "Create a custom piece of software", is it my job as a consultant to go out and do research to find a third-party tool that does this job? Shouldn't they have done that already before they came to me? If they wanted me to research something for them, then that would be the contracted task not the creation of something new.

Larry,

(this might sound mighty familiar...)

I'm kinda in the middle on this one. I think it depends on the situation. I agree with you that I wouldn't research for a 3rd party app if the customer didn't ask me to, but I might also already be aware of something and would probably feel some sort of obligation (darn conscience!) to mention it to them. It, of course, would depend on how industry-specific their needs were and, uh, if the mortgage was late... :)

Renoir
Char-
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