As an independent consultant, do you charge for hours actually worked, or do you charge based on industry standard to complete job?
When you get a statement from the mechanic it sometimes shows his rate times the amount of time it takes in the industry to complete a job. (e.g., $100*2hrs - Replace Radiator)
The mechanic above may have spent only 1.5 hrs doing the job, but he would still charge 2 hours as that is the industry standard. In the past, I have always charged for time I actually spent. If a job would normally take 50 hours and I crammed red bulls to complete it in 15 hours, I would charge 15. How do you guys normally do it? If you do it like the mechanic in my example, what industry standard would you use? Is there a standard tine of completion for software developers?