Charge for value not time - idea

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Charging for Value vs. Time
Posted At : October 1, 2008 9:59 AM | Posted By : Peter Bell
Related Categories: Agile Development
I've never been a big fan of charging for project work on an hourly basis - you can make a living, but there's no real upside, and because the variation in hourly pay between great and average programmers is (to my mind) less than the variation in the value they can provide, the better you get at adding business value as a programmer, the less the compensation matches the value you are capable of adding.
http://www.pbell.com/index.cfm/2008/10/1/Charging-for-Value-vs-Time

Agaric does price by the project but we estimate by the hour and take off from our bill if our actual hours come in lower...