Engagement Models

There are several popular models in which Software Development companies can be engaged. Keeping in view of the challenges being faced by the customers, we offer highly flexible and adaptable engagement models. In consultation with the customer, we arrive at the most appropriate engagement model in alignment with the customer goals. The standard engagement models are given below which can be fine tuned in accordance with the Customer requirements.

Fixed Bid

Suitable for customers with well-defined project requirements and schedules. This model provides the customers with flexibility when there is concern over progress in remote projects. In this model, the complete project scope is well defined with milestone based deliverables upfront and each milestone is linked to some percentage of the payment. The word 'fixed' is crucial here - typically the vendor would not be flexible in wavy requirements and similarly, the Customer would not be flexible in changing commercials.

Time & Materials

Suitable when projects are quite complex & are prone to specification and design changes during the course of the project and also to meet any ad-hoc requirements of the customer. The customer is invoiced based on the agreed hourly billing rate of the respective skill set and location of the resources used for the project. The cost of the project is derived by taking the project execution time and the corresponding resources deployed on the project. This model provides the customers with flexibility of being able to make changes or amendments to the project scope on an ongoing basis and updating modifications to the project keeping in line with the ever evolving market demands.