Level Extreme platform
Subscription
Corporate profile
Products & Services
Support
Legal
Français
What is due diligence?
Message
From
05/07/2001 18:24:36
 
General information
Forum:
Visual FoxPro
Category:
Contracts, agreements and general business
Miscellaneous
Thread ID:
00527182
Message ID:
00527240
Views:
18
>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.

If the contract is already let, the point is moot - your obligations are spelled out in the contract.

IMO the key is to ask the question, "Have you researched existing off-the-shelf solutions?" before the contract is let. This takes no time at all and lets the client know you're looking out for their best interests.

I consider this sound business practice and one mark of a professional.
Regards. Al

"Violence is the last refuge of the incompetent." -- Isaac Asimov
"Never let your sense of morals prevent you from doing what is right." -- Isaac Asimov

Neither a despot, nor a doormat, be

Every app wants to be a database app when it grows up
Previous
Next
Reply
Map
View

Click here to load this message in the networking platform