This model works on a fixed price arrangement. The payment is dispensed upon completion of milestones that are predefined and agreed upon by both the parties before the commencement of the project. This model is well suited to clients who have well-structured process to gather requirements, scope, deliverable and acceptance criteria for the project.
As we provide to us a clear idea, requirements, scope along with the deliverable and acceptance, we execute the projects on a fixed-price and billing basis. During development, we provide phase-wise delivery and keep up with the delivery schedules. Consider it as one of the most effective and convenient models to cut down on your costs and stay within budget.
Time and Material
Customers often find it difficult to define their requirements, particularly in emerging technology markets where specifications and implementation plans change frequently. In such cases, we offer our skilled resources on a time and material basis i.e. when the resources and time can’t be estimated upfront at the start our Time & Material model is perfect.
We form a team to execute the project while you retain the flexibility to adjust project resources based upon your evolving requirements. We also offer you the flexibility to switch to the Fixed Price Project model once the scope of your project becomes better understood. Adding to this, we follow a sorted project management process based on a daily/weekly reporting system, without any complexity. We charge the client based on the number of hours dedicated by each resource.