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Deming's Funnel Experiment Simulator: Training through Simulation: Symphony Technologies: Consultant Rates. Introduction Consultant rates vary significantly and are influenced by a wide range of factors. Set out below is a summary of some of the key considerations and influences. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SIDE BARCurrency In this section I will illustrate my points using £ Sterling (UK) as the reference currency, but the relative fees apply equally to all geographies whether you are billing clients in the Americas, Asia Pacific or mainland Europe - simply apply an approximate currency conversion and the figures in whichever local currency will be broadly representative. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Context Consultant rates vary widely from the £400 per day contract Project Manager, to a Partner in a Global consulting firm commanding £6,000 per day in the city of London advising a global banking operation, or even higher for particularly specialist and scarce expertise.
A large number of factors influence the consultant rates that a client will be willing to pay. How To Set Your Consulting Fees - Forbes.com.