Fixed Price Model works best if you have a well-defined project scope, timeline, and budget. With a fixed cost model, you will pay a pre- agreed amount for the entire project, regardless of the actual time and resources it takes to complete the project. This model is ideal for small to medium-sized projects with clear requirements and deliverables.
For projects with evolving requirements, the Time and Material model is an hourly model that offers flexibility and adaptability. Clients are billed based on actual time and resources used, making it suitable for agile development and frequent changes.
With the Monthly Retainer model, businesses pay a fixed monthly fee for a dedicated team. It offers long-term support, cost-effectiveness, and access to reliable resources without the hassle of recruiting. Perfect for consistent development needs and regular updates.
Staff Augmentation allows businesses to quickly enhance their teams by adding skilled developers for specific projects or time periods. It offers flexibility, as you can choose the resources you need, from individual developers to full project teams. It helps you meet deadlines and access specialized expertise without long-term commitments.