Outstanding solutions to create value for your business
Fixed Price & Craft
The development team and client works on a fixed condition and price that is agreed and signed by both the parties. This is one of the most cost-effective models for the short term projects with limited scope. Once the contract is signed the client doesn’t have to pay anything out of the agreed amount. All the requirements are defined beforehand and the model ensures that the project is delivered within a specific budget and timeframe.
This engagement model doesn’t require very close client supervision, but if there is deviation from the original plan there may be additional charges.
Time and Material
For time and material the cost depends on the features, resources and time that the development process takes. The client will pay for the number of hours you are working. It is suitable for long term projects, rates could be defined as hourly, daily or weekly. Size and workload of the project for the development team changes with the requirements while optimizing the time and cost.
The work is basically divided into short sections and results into MVP. The features can be added according to evolving requirements.
It is most suitable for the development teams that have their own developers but need some extra skills and specialists, to become their employees for a certain period of time. It is flexible and scalable and goes well with long term IT projects. Clients have complete control over the team and can plan the work according to the maximum benefit for themselves.
The budget is predictable for the project and scope changes frequently. Dedicated team shares the same perspective and is very interested in achieving business goals.