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Requirements analysis
Models of collaboration in software creation
We offer two models: fixed price and payment for actually spent resources (time and materials). Both models have their advantages and disadvantages and depend on the specific conditions of the project.
Fixed price : we determine a fixed price for the entire project, which remains unchanged throughout the entire duration of the project. To fix the price and terms, you need to formalize the requirements (specification or terms of reference).
Example: The customer has a well-developed technical specification for the development of a mobile application for business. Based on the technical specifications, the contractor estimates the cost of the project (or stage) at 5000 euro. The parties fix the amount in the contract for the project (or stage).
Time and materials : the customer pays for standard hours of software writing , not the result. We provide a detailed report of the time spent.
Example: The customer needs to start developing a non-trivial product. At the start, it is impossible to accurately estimate and fix the cost and timing of the task: because it requires additional research. Developers get started, complete the task, and provide a detailed report on the time and cost of each step.
Both models have their advantages and disadvantages. We will help you choose the best one.