Time & Material
A cost-effective model where the amount of money you spend corresponds to the amount of work delivered. The client and the vendor usually agree upon an hourly, daily or weekly rate for the allocated project resources. This engagement model is often preferred because it offers flexibility to change requirements on the fly, ability to balance project resources, and spread the workload.
Provided that Time & Material project is accompanied by the experienced and skilled project managers, quality is properly supervised. Progress and the deadlines observance are not neglected. There are good chances of getting the work done in-time and within the budget.
Time and Material engagement model lets clients play active role during the entire project development process. Alongside, it also helps them to keep pace with the emerging technologies. It is flexible, dynamic and is best suited for projects that are:
It is often referred to as hourly based model as it asks one to pay a fixed amount for our services on hourly basis, which is settled at the time of contract signing. The engagement model also enables clients’ to incorporate changes in project requirements depending on various parameters. Prominent of these factors may include:
Advantages
Our time and material engagement model assures you numerous advantages, such as:
Dedicated Development Team
Offshore Development Centre (ODC) / Offshore Dedicated Team (ODT)
This kind of operation is a perfect solution for businesses wishing to augment their software development productivity without bearing too much of additional expenses such as hiring extra staff or investing into other resources. For example, software development outsource based on the ODC/ODT models works well for big companies who need to quickly extend their teams or start-up companies aiming at reducing expenses and getting guaranteed results.
This model involves teams that are an extension of the client’s team that is placed at a different location(s). An Offshore Development Center (ODC) can be maintained by an offshore development organization that has proven offshore delivery capabilities.
There are multiple benefits of opting for this kind of a model including, but not limited to, cost-effectiveness of operations, teams that can scale up and down as needed, more coverage of workhours in a given calendar day (given that multiple time zones could come into play), and so on. A dedicated team provided by an ODC will offer a set of resources with relevant and pre-identified skill sets that the client has full access to and control over in terms of work allocation, status tracking and reporting and getting changes done at short notice.
Advantages
Opting for our dedicated development team engagement model helps clients to draw a flurry of benefits such as:
Fixed Price Model
Fixing the price is about fixing the scope, project requirements, as well as deadlines. This model will never work without thorough initial planning, estimation, and analysis sessions. The more planning you do, the better the outcome. We recommend this service for small-size or urgent projects. This option works perfectly if the specifications of the software to be developed are particularized, clearly defined, and stable.
Advantages
Choosing this engagement model assures an array of fruitful benefits that include:
