User has a project that has an unknown scope at the moment. Is there a way to make its contract type Hourly first and then Fixed? Does this need to be handled in two different projects?
You cannot change the contract type mid-ay on the same project. This can be done for non-billable Marketing contracts, which later can be changed to billable contracts. The best solution for this situation is to use the Hourly Not to Exceed contract type. This contract lets you set the contract amount to hourly but with a cap or limit to it. You can still bill your project in full, by the hour, or in incremental flat amounts. Bill amounts can be based on the total value of billable, approved time and expenses up to the contract amount. You can also use a pre-defined billing schedule for the project.