We follow an orderly method for estimating predicate on our business commitment models for Cloud and Virtualization Projects. Our commitment models help in arriving at your business objectives with insignificant responsibility from your end. If there is a specific commitment mode favored by the customer, we will take part in it after a watchful review of whether it suits the necessities of the current outline of the project.
Fixed Price Model (FPM)
Fixed Price Model (FPM) is the ideal pricing option when requirements are clearly defined, unambiguous and unlikely to change or evolve through the implementation. We will quote a certain price at the outset and the whole project development is carried out within that pricing framework. Apart from being a low-risk option, this model also guarantees on-time, on-budget delivery of projects. Deliverables, costs, and timelines are clearly defined upfront in the model. For any changes in scope at the later stage in the project delivery, a prior agreed-upon fixed hourly rate is charged to the client.
Time and Material Model (T&M)
The Time and Material Model (T&M) is ideal for customers who wish to be more associated with project execution. The estimate is predicated upon the number of individual hours required to perfect the undertaking. This model is useful when the degree of scope, specification, and implementation plan of the project is not easy to define during the initial phase or projects. The customer pays according to the number of working hours put in by the service provider.
Hybrid Model (HM)
In the Hybrid Model (HM), we can choose to start the project on a T&M model and move it to an FPM model. This technique profits customers to pick up the clarity and act translucent regarding the undertaking process and overcome the initial challenges of underlying difficulties of defining the scope of the project. The project can be moved to the FPM model once the quality is accomplished.
Dedicated Resource Model (DRM)
Dedicated Resource Model (DRM) is the right model when the objective is urgent and requires activities all long. In this model, we will provide assets and required needs to work dedicatedly on your project and report to you on a daily base.