Free Tool

Hourly rate, or fixed price? Convert between them.

Turn an hourly rate into a fixed project quote, or check what a fixed-price project actually works out to per hour, including what happens if it runs longer than planned.

$
hrs
%
Suggested fixed-price quote
$0
includes your contingency buffer
Base cost (hours × rate)$0
Contingency buffer added$0
Quote to send$0
If it takes 25% longer, effective rate$0/hr
If it takes 50% longer, effective rate$0/hr
The buffer absorbs small scope surprises. The scenarios above show what happens to your real hourly rate if the project runs over anyway, since a fixed quote locks in the price no matter how long it actually takes.

Why this matters

A fixed price that sounds reasonable can quietly work out to a very low hourly rate once the project runs longer than expected, which is the norm rather than the exception. Converting between hourly and fixed pricing before you commit, and checking the worst-case scenario, gives you a clearer picture of what you're actually agreeing to.