Engagement Model

 

We realize the uniqueness of clients’ requirements and offer a mix of engagement models. We offer solutions via various delivery models including Saas, Iaas and Paas Application Development Company In Bangalore , based on specific customer priorities and budgetary issues.

Fixed Price
T&M
FTE
(Full Time Eqipment)
FTE
(Full Time Eqipment)
Timelines Fixed Variable Variable
How is the cost worked out? Fixed Variable and may work out to be lesser than Fixed Price model Measured on Monthly effort basis and may work out to be more than Fixed Price model Measured on Monthly effort basis and may work out to be more than Fixed Price model
Who owns the Risk? BVBI BVBI Shared between Client & BVBI Shared between the client and BVBI
Payment Model BVBI receives the agreed amount depending on the milestones and deliverables met BVBI receives the payment w.r.t the time sheets of the employees logged in and also on any material expenses BVBI receives the payment w.r.t the time sheets of the employees logged in and also on any material expenses BVBI receives the payment for the working hours spent by the set team members agreed by the client
Requirements Fixed Substantial architecture‐level and structural changes are likely to occur while the software solution is being developed Agreed and negotiated between BVBI (FTE resource) and Client Mutually agreed and negotiated
Any changes to Requirements Cost may go up or down depending upon requirement changes Cost remains the same Cost remains the same Cost remains the same
What do we suggest? When the project implementation is governed by ‘extremely’ tight budgetary and financial constraints. Enhancements to features and functions are likely to follow only after project implementation and not during the development process. Requirements, features and specifications for the software being developed, are likely to evolve at any stage during project development. The anticipated duration of the project cannot be estimated. Between the two, ‘Getting it right’ is more important than Getting it right on time FTE resources are dedicated to your purposes for a specified duration of time (typically specified for ‘n’ months and gradually extended). It recommended to choose this kind of model when you don’t have expertise in particular area and need services from external vendors When the project has a long term vision and which requires a strong level of continuity through their lifecycle

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