Types of billing used

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There are various types of billing used in PMO consulting, including hourly rates, fixed fees, and value-based pricing.

Hourly rates: charging a set amount per hour worked
Fixed fees: charging a set amount for a specific project or service
Value-based pricing: charging based on the value delivered to the client
Retainer fees: charging a set amount for ongoing services
Blended rates: a combination of hourly rates and fixed fees
Cost-plus pricing: charging the cost of the project plus a percentage markup
Performance-based pricing: charging based on achieving specific performance metrics
Subscription-based pricing: charging a recurring fee for ongoing services
Tiered pricing: charging different rates based on the level of service provided
Contingency fees: charging a percentage of the client's savings or revenue increase
Commission-based pricing: charging a percentage of the revenue generated from a project or service

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