An IT consultant needs to possess the following skills:
Advisory language skills
Business and management language skills
Technical language skills
Under normal circumstances a fee for IT consulting is measured on a per day, per consultant basis. There is however an alternative option; fixed fee IT consulting. A fixed fee IT consulting contract applies only to projects which are well defined, for example:
Infrastructure refreshment projects
Implementation of specific well described features, such as monitoring platforms
Infrastructure capacity planning
Generally, fixed fee IT consulting is for a specific amount of work, within a defined timeframe.
Many companies are now moving towards a fixed priced IT consulting model.
This trend is expected to continue as more companies now require delivery of IT Consulting services within a defined time and price structure.
Open ended consultancy models generally favour the consulting firm, as the consultancy firm is rewarded on a per day basis, there is no incentive to complete assignments within a fixed time. The result often being risk of project and cost overrun.
Management consulting and IT consulting
There is a relatively unclear line between management consulting and IT consulting. There are sometimes overlaps between the two fields, but IT consultants often have degrees in computer science, electronics, technology, or management information systems while management consultants often have degrees in accounting, economics, Industrial Engineering, finance, or a generalized MBA (Masters in Business Administration).
According to the Institute for Partner Education & Development, IT consultants’ revenues come predominantly from design and planning based consulting with a mixture of IT and business consulting. This is different from a systems integrator in that you do not normally take title to product. Their value comes from their ability to integrate and support technologies as well as determining product and brands.