Project price calculator
Fixed-price work rewards whoever estimates better. Clients underestimate scope; freelancers underestimate revisions. This prices both in and gives you three numbers: the floor you never quote, the quote you send, and the one for vague briefs.
What the ledger says
Quote this$9,100
- Floor (never quote it)
- $7,000
- Vague-brief quote (2× buffer)
- $11,200
- Total hours assumed
- 70 hours
Estimate, not advice
The formula
Floor = (build hours + revision hours) × rate. Recommended = floor × (1 + buffer). Cautious = floor × (1 + 2 × buffer). Quote a total, list what's included, bill overruns beyond included revisions hourly.
What this ignores
Rush premiums, licensing, subcontractors, and payment-terms risk (net-60 deserves a price). It prices effort, not value, for outcomes with large business value, value-based pricing beats hourly math.
Field notes
- Should I show the client this breakdown?
- Show scope, deliverables, and included revision rounds, not your buffer math. A quote is a price for an outcome; itemizing your risk margin invites negotiating it away.
- What if the client says the quote is too high?
- Cut scope, not price. Removing a deliverable keeps your rate intact; discounting the same work teaches the client your first number was padding.
- When is fixed price better than hourly?
- When you control the spec and have done similar work before, your estimating advantage becomes margin. When scope is fuzzy or the client is new, hourly (or a paid discovery phase) carries the risk instead of you.