I have been asked to look at a project that is somewhat easy, but the consequences of my actions if done wrong can have disastrous results. I am faced with these types of projects from time to time. When putting a proposal together on a project I try to figure how long it will take me to complete a task and then multiply that time by my hourly rate to get the fee I charge the client. In instances like this, I don't believe this is the correct approach. I know there are tons of old time sayings about project like this (not interested in hearing those). I am wondering what other do when faced with such circumstances?
I don't want to get into the details about this specific project as I am interested in the question in general.
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