Engagement Models

Fixed Price

This model is usually used for small projects (up to one month) or in a project that has a very detailed specification where all requirements are clear and all functions are present. In this case we can exactly determine the duration and the budget and can guarantee its realisation.

A Fixed Price model is good for projects with well-defined requirements and schedules. When your requirements are clearly specified and in sufficient detail, we will estimate the project scope and complexity and provide a project delivery schedule along with a fixed price for the complete software development.

When It Is Used

  • your requirements are clear and defined in details
  • requirements presuppose little or no flexibility
  • the projects are spread over a few days to a few months
  • you want to determine the exact budget in advance
  • you don’t want to have direct control over the resource

Estimated Cost determined after a detailed analysis of the project.

Time & Material

When the project scope, specification and implementation plans cannot be precisely defined at the beginning or when requirements change dynamically during the project implementation process, the Time & Material model is the one to choose. It provides flexibility of being able to vary size and workload of the development team that has been assigned to your project, whilst optimising time and costs.

Under the Time & Material option we provide skilled resources and development effort is billed at the end of each month based on a pre-negotiated and mutually agreed hourly rate. This engagement can last from a few months to several years. The total project cost is determined by the amount of time and resources expended as well as the actual effort contributed to the development.

When It Is Used

  • your requirements are not clear
  • you require a high degree of flexibility
  • you want tasks implemented on demand

Hourly Rate determined after a detailed analysis of the project.

Dedicated Team

The Dedicated Team model assumes your participation in the hiring of a development team but without a need to worry about salaries, hardware, software licenses, and other aspects of IT infrastructure management. You interview, select, and manage each and every team member, and have full control over the team.

We take responsibility for all day-to-day operations such as bookkeeping and office management, whilst providing you with full control over the processes, technological issues, hiring and training of the employees. You can fully integrate dedicated teams into your organisational culture. This is usually carried out through regular visits, activity reviews, co-branded office facilities, etc.

The Dedicated Team model implies a contractual agreement between you and us with a monthly service fee that is decided after a thorough analysis of your requirements.

When It Is Used

  • project is spread over several months to several years
  • you want to have a team working exclusively on your project
  • you want to control the resources directly
  • you want the project processes to be tailored to your requirements

Hourly Rate determined after a detailed analysis of the project.

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