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Fixed Budget Service Contract Model
FOCUS is known as software solution provider for its global delivery model. Its unique “Fixed budget service contract model” aligns with the client’s strategic objectives to attain greater operational capabilities, achieve operational efficiencies, reduce operational costs, increase cost variability and rationalize their current operating environment.
This model is best suitable for the project with available detailed requirements, schedules, and project path. It is designed keeping in mind small and mid size projects and generally preferred by clients who have defined project scope available with them at the beginning of the project, along with the detailed Software Requirements Specifications.
Their requirements are deeply understood by our experts in order to avoid changes at the later stages.
Detail of Business Model
 In the implementation phase we make our customer aware about the progressive steps taking place in the project either by reporting or by any other management tool as a result the customer would remain relaxed and satisfied with the progressive steps in the project.
When the project reaches its validation phase that is the end phase we deliver product in the client’s hand.
We keep in mind that if the contract has a guarantee period, amendments or complaints will be processed after making delivery to the client.
We make sure that after completion of the project, the client can maintain full possession of all intellectual property rights and software code.
For details on our development methodology, click herel.
Benefits of following this Business Model
Module based payment method supports progress monitoring.
Justify the payment based on practicable modules and evident progress in the project at every stage.
This model meets both customer's and developer's expectations as the customer remains aware about each progressive step and the developer remains satisfied after completing every single stage of the project.
Client can maintain full possession of all intellectual property rights and software code.
Payment Details
The payment for the project is defined as per the size of the project, as the specified task are divided into modules hence the payment is made as per the modules and the time taken to finish those modules.
The best utility of this model is proven when the subcontractor implements fully predictable portions of code based on detailed specifications that need to be paid for at a fixed and fair basis. |
Tags :
fixed budget service contract, contract software development services, contract software services, contract software development, nearshore software development services, offshore software development services Tunisia |
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