Contracts Explained: Fixed Price, T&M, and Cost-Reimbursable
Understanding contracts is crucial for project managers to manage project costs, timelines, and scope effectively. Let’s dive into the three primary types: fixed price, time and materials (T&M)), and cost-reimbursable contracts.
Read more...Merlin Project 9 Is Released
The beta phase of version 9 has ended. We have just released this version. This is a free upgrade for Merlin Project subscribers.
- If you work with Merlin Project from the App Store, a new version will be available for you after verification in the Mac App Store.
- If you have downloaded Merlin Project from this website, update this version for free using the menu command in the app "Check for updates ...".
- The version for the iPad and iPhone appears automatically in the App Store after verification by Apple.
We have also updated Merlin Project Express. The new versions will be provided in the Mac App Store or at SetApp – right after its review.
You can find the minimum system requirements here.
If you have any questions about this blog article or would like to discuss it, we look forward to your contribution in our forum
Artificial Intelligence in Merlin Project
The Public Beta Phase for Version 9 Begins
The topic of AI is also central to us and Merlin Project. With the upcoming Version 9, we are launching our AI strategy.
AI-Assisted Project Start
Create new projects from a simple description using artificial intelligence. The assistant automatically generates the task structure, dependencies, and milestones, estimates efforts and risks, and assigns necessary resources. To enable this powerful new feature, Merlin Project leverages the intelligence of ChatGPT.
Merlin Project opens a window displaying the results generated by ChatGPT. The project is created automatically according to your specifications.
And the best part: we cover the costs of using ChatGPT. During the trial phase, you can generate up to ten projects per day for free.
Dynamic Baseline
Since Version 2.0, Merlin Project has enabled you to compare the current state of a project with its original plan. Previously, these planned values were determined with a clever trick: Merlin Project only calculated the project workflow as if the user hadn’t entered any real values in the current task structure. This yielded good results for most situations. However, if the scope changed significantly during a project, this technique could reach its limits.
With the new dynamic baseline, you can precisely compare the current state of your project with any previous one. Simply set a date from the past in the "Reference Date" field of the project settings. All planned fields will then contain the values expected in the prior state.
Merlin Project can dynamically retrieve these values without you needing to have set a baseline in the past. This works so seamlessly because each Merlin document already contains the entire history of a project.
Other Updates
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The user interface has a fresh look. Familiar symbols and icons appear with the same quality but in a new design.
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The old, insecure FTP protocol for automatic publishing of project content has been replaced by SFTP. If you previously used FTP, please set up a new SFTP account in the settings of Merlin Project and use it for your publications.
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We have also added a link to the templates on our website: Clicking on 'More Templates' will take you to the complete list of project templates.
Get this version
The beta phase of version 9 has ended. Just get the latest version from us or from the App Store.
If you have questions about this blog post or would like to discuss it, we look forward to your contribution in our forum.
Merlin Project 8.3.6 Is Released
We have just released the version 8.3.6. This free update is important for Merlin Project.
- If you work with Merlin Project from the App Store, a new version will be made available to you after checking the Mac App Store.
- If you have downloaded Merlin Project from this website, update this version for free using the menu command in the app "Check for updates ...".
- The version for the iPad and iPhone appears automatically in the App Store after verification by Apple.
We have also updated Merlin Project Express. The new versions will be provided in the Mac App Store or at SetApp – right after its review.
You can find the minimum system requirements here.
If you have any questions about this blog article or would like to discuss it, we look forward to your contribution in our forum
Merlin Project 8.3.5 Is Released
We have just released the version 8.3.5. This free update is important for Merlin Project.
- If you work with Merlin Project from the App Store, a new version will be made available to you after checking the Mac App Store.
- If you have downloaded Merlin Project from this website, update this version for free using the menu command in the app "Check for updates ...".
- The version for the iPad and iPhone appears automatically in the App Store after verification by Apple.
We have also updated Merlin Project Express. The new versions will be provided in the Mac App Store or at SetApp – right after its review.
You can find the minimum system requirements here.
If you have any questions about this blog article or would like to discuss it, we look forward to your contribution in our forum
