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    • Company
    • Services
      • Web Development
      • Mobile Development
      • UI-UX Design
      • QA and Test Automation
      • Workflow Automation
      • Product Development
      • Start-up Companies
    • Technology
      • Java
      • .NET
      • JavaScript
      • iOS Mobile
      • Android Mobile
      • PHP
    • Approach
      • Delivery Approach
      • Dedicated Team
      • Time and Material
      • Development Center
      • Fixed Cost
    • Resources
      • Welcome to Gravelsoft
      • Open Vacancies
      • Case Studies
      • Blog
      • Video
    • Contact Us
  • Company
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softbypro

Software Development Services For Technology And Enterprise Companies

Software Development Services For Technology And Enterprise CompaniesSoftware Development Services For Technology And Enterprise CompaniesSoftware Development Services For Technology And Enterprise Companies
mobile app, software project, gravelsoft, software outsourcing, solution, technology, dedicated team

Fixed Cost Model

A fixed cost is a business model used when Gravelsoft provides to client full product development service. It guarantees a fixed budget for the project, regardless of the time and expense. The main advantage of a fixed price model is that it allows the client to plan and set an exact budget or services of software development company. 

Service Overview

In Fixed Cost model, an outsource provider charges a fixed fee for the predefined deliverables. This model is mostly applicable for projects that have string constraints like a fixed scope, budget, and timeline. By running a fixed price, an outsource software development company and a client share some scope-related risks. So, a project scope should be well-defined and jointly decomposed and agreed from the early beginning, otherwise, it may impact cost and timelines. This model is best suited for small to mid-sized projects.Fixed Price model is a low-risk option for a client, as far as almost all risks are managed by outsource provider. In this model, a client shouldn't be necessarily engaged on daily basis monitoring project progress as  all managerial overheads as well as risks are on provider.

Your Benefits

  • The service or a product are delivered within the agreed timeframe and fixed price and budget
  • The client receives a strong predictability and high quality of the project outcomes that are base don real time metrics
  • There is a well tested standard procedure to deal with changes that is agreed by both parties
  • The outsource software development company takes project risks and demonstrates high ownership and commitment levels of fixed cost
  • The client receives a end-end assistance to deploy and maintain the service or product at production

WE COMMIT TO:

  • Provide a detailed specifications, functional and non-functional requirements documents to outline the scope baseline and further fixed price
  • Provide well tested deliverables for final verification according to the acceptance terms and defined fixed cost
  • Identify, evaluate and execute risks and changes according to the specified change management procedure
  • An outsource software development company is fully responsible for managing all other aspects of the project to meet the desired outcomes and project objectives.

mobile app, software project, gravelsoft, software outsourcing, solution, technology, dedicated team

Recommended for

Not recommended for

Not recommended for

  • Projects with limited budget (fixed cost, fixed price) or deadline (PoC, MPV)
  • Projects where requirements are detailed and well-documented
  • Small to Medium-sized projects
  • A client is familiar with change and risks management practices
  • Client with limited availability for daily management of risks, quality, team, or technologies

mobile app, software project, gravelsoft, software outsourcing, solution, technology, dedicated team

Not recommended for

Not recommended for

Not recommended for

  • For long-term projects
  • Project with undefined requirements
  • Products with regular changes due to end user feedbacks

EXPLORE OUR OFFER FOR YOUR BUSINESS NEED

Copyright © 2021 Gravelsoft - All Rights Reserved.

Clients: info@gravelsoft.com

  • Company
  • Web Development
  • Mobile Development
  • UI-UX Design
  • QA and Test Automation
  • Workflow Automation
  • Product Development
  • Start-up Companies
  • Welcome to Gravelsoft
  • Open Vacancies
  • Case Studies
  • Contact Us

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