What is a professional services consultant?
A professional services consultant is a person who sells their time and expertise as opposed to a manufactured product. A professional services consultant may bill on an hourly basis to do work on behalf of a client. Marketing consultants, IT consultants, legal consultants, and investment consultants are just a few examples of popular consultancy careers.
There is a difference between professional services and consultancy, which you can find out more about in the FAQ. To dive further into how professional services measure project profitability, check out our dedicated section.