Business Engagement Models | Plutus Technologies Pvt.Ltd.

Business Engagement Models

BUSINESS ENGAGEMENT MODELS

We understand your business requirements are unique. Considering that we offer various business engagement models to suit your needs.

1) Fixed Pricing

  • Fixed scope
  • Fixed price
  • Scope is clearly defined
  • Suitable and advisable when project requirement is clear(Crispy & Crunchy)
  • Estimations for the project would be shared using standard techniques into the terms of delivery in days with Technology stack
  • The cost of the project is calculated before project kick-off with milestones and delivery in days
  • Low risk option
  • Technology, Pricing, Milestones, Delivery in days, Scope everything is known
Fix-pricing

2) Time & Material model

  • Advisable when project requirement is not clearly defined and keeps on changing very frequently in different phases(Starting, Mid, Delivery)
  • Resources utilization for estimations (Business Analyst= 15%, Developer= 40%, Testers = 25%, Project Manager= 20%)
  • Fixed hourly Rates of Resources depending on their Experience level
Timing-Material-model

3) FTE (Full Time Engagement)

  • Also defined as “Hiring Dedicated Resource” depending on their Experience level into the terms of years. (Business Analyst, Designers, Developers, Testers, Project Managers)
  • Fixed hourly rates
  • Requirement keeps on changing dynamically and client is expecting long term commitment E.g Product Conceptualization till Maintenances & Support
  • Sweet spot
  • Entire control of clients on their project with resources
  • Continuous support
  • We work as an extension of your IT needs from Designing till Development at each and every stage of SDLC(Software Development Life Cycle)
  • Support and Maintenance