How to Get a Job For Project Managers

Learn how to write resume and interview

Leadership for Project Managers

Learn how to lead and drive project success.

Project Management with AI

From a beginner to project management professional.

Agile Project Management and SCRUM with AI

Learn to run Scrum and Agile with AI.

Development in Phases Contract

A contract model where the buyer releases funds on a monthly or quarterly cadence only after a product release is successfully completed against agreed acceptance criteria. It motivates both parties and limits the buyer's financial exposure to that time period, because unsuccessful releases are not funded.

Key Points

  • Funding is released only after each successful release that meets acceptance criteria.
  • Payments occur on a monthly or quarterly schedule aligned to iterations or releases.
  • Creates mutual incentives: the supplier delivers value and quality; the customer commits to ongoing support.
  • Caps the buyer's risk to each period since failed releases do not receive payment.

Example

An agile software program plans quarterly releases. The customer funds work one quarter at a time and pays only after the increment passes UAT and production release criteria. If the team fails to meet the criteria for a quarter, no payment is made and the next quarter is not funded.

PMP Example Question

Which contracting approach lets a buyer control spend by releasing funds monthly or quarterly only after each successful product release?

  1. Time and Materials with a not-to-exceed cap
  2. Development in Phases Contract
  3. Firm Fixed Price with progress payments
  4. Cost-Plus-Incentive-Fee

Correct Answer: B — Development in Phases contract (pay after successful release)

Explanation: This approach ties funding to completion of each release and limits the buyer's exposure to the current period; unsuccessful releases are not funded.

Leadership for Project Managers Course

Lead with clarity, confidence, and real impact. This Leadership for Project Managers course turns day-to-day challenges—unclear priorities, tough stakeholders, and cross-functional friction—into opportunities to guide teams and deliver outcomes that matter.

You’ll learn practical leadership skills tailored to project realities: setting direction without overcontrol, creating alignment across functions, and building commitment even when authority is limited. We go beyond theory with tools you can use immediately—one-sentence visioning, stakeholder influence maps, decision framing, and feedback scripts that actually land.

Expect hands-on frameworks, real-world examples, and guided practice to prepare for tough moments—executive readouts, resistance from stakeholders, and high-stakes negotiations. Downloadable templates and checklists keep everything actionable when the pace gets intense.

Ready to influence without waiting for a bigger title? Join a community of ambitious PMs, sharpen your edge, and deliver with purpose—project after project.



Lead with clarity, influence, and outcomes.

HK School of Management brings you a practical, no-fluff Leadership for Project Managers course—built for real projects, tight deadlines, and cross-functional teams. Learn to set direction, align stakeholders, and drive commitment without relying on title. For the price of a lunch, get proven playbooks, and downloadable templates. Backed by a 30-day money-back guarantee—zero risk, high impact.

Learn More