Fixed Cost Business Model - Engagement Model

Project Based Pricing or Fixed Cost

Best suitable for projects with a strictly defined scope and requirements, the Fixed Cost model is one of the most preferred and ideal pricing options. It is predominantly applied to the clients who have a clear idea about what needs to be built, the specifications, project management methodologies and stable set of requirements.

Consider it as one of the most effective and convenient models to cut down on your costs and stay within budget.

The advantages

As the scope of the project is well-defined, the model has limited or minimal scope for implementation of new ideations, which means you get the imagined and planned product.
It allows the clients to draw redefined budgets, therefore making him/her aware of the total cost before project commencement.
It mitigates risk factors for both the parties arising out of any complexities. Reason being: the number of efforts that precede the agreement phase.

How it works

As soon as the client provides us with a clear idea, requirements, scope along with the deliverable and acceptance, we execute the project on a fixed-price and billing basis. Subsequently, we establish a conducive work environment in accordance with the client to meet the deliverables and timelines within a stipulated period.

Throughout the development process, we focus on phase-wise delivery in order to keep up with the delivery schedule. Further, as long as the requirements remain the same, all the risk and responsibility of delivering the task in time is ours.

Our Case Studies

Our Software Development team has served diverse clients' requirements. We have experience developing business-oriented eCommerce stores for an extensive range of industry verticals.