Engagement Model Differences
Every business has its unique objectives, goals, and challenges. Understanding all, we have set up three exclusive business models for you. You can pick the best one as per your budget, project timeline, and requirements.
Fixed Cost
In this business model, you are required to provide us with all-inclusive details of your project, and our developers work on the decided requirements with a fixed cost.
It is suitable for definite project-based demands like straightforward website design, web development or redesign projects and is not perfect for large-sized custom tech projects.
- Fixed Overall Costing
- Milestone Grounded Payments
- Pre-defined Deadlines
- Minimum Involvement Required
Hourly Based
In this business model, the cost is fixed as per the working hours required to complete your technology project.
If your strategy, specifications, and requirements are not fixed, choose an hourly-based model, which is the most suitable option for the implementation of projects involving website updates, maintenance, support, debugging, and R&D tasks.
- Great Flexibility
- Real-time Monitoring & Quick Adjustments
- Quick-start
- Better Risk Management
Dedicated
In this business model, we will provide you with a dedicated team, for which you will be required to pay for the project on a monthly basis.
Our team will work only for your organization to complete the project within the agreed timelines.
- Flexible Project Scope
- Undivided Focus of the Team
- Exclusive Resources
- In-depth Understanding
Model Differences
item |
Fixed Cost |
Hourly Based |
Dedicated |
---|---|---|---|
Suitable For | Small projects | Medium & large projects | Large projects |
Requirements | Clear & pre-determined | Not set | Evolving |
Flexibility | Low | High | Medium |
Client’s Involvement | Little | Significant | Full or Partial |
Budget | Fixed budget | Fixed price/hour | Fixed price/hour |
Deadline & Timeframe | Defined | Unclear | Unclear |
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