Engagement Models
for Software DevelopmentFlexible engagement models, tailored to meet your diversified needs.
- Full Stack Software Agency
- 250+ Certified Developers
- Flexible Plans
Our Approach to the Engagement Process
At Finoit, we embrace various approaches to engagement with our clients and whichever model they may choose, we are fully equipped to support their unique software development needs. Each of these models offers a productivity-driven development value chain where we leverage our extensive expertise across a wide spectrum of technologies and practices. Through them we demonstrate our commitment to treating clients as collaborative partners which drives us to consistently exceed project expectations.
Engagement Models
for Software Development We Offer
We understand that every client is unique and looking for flexibility in team engagement. To address their specific needs, we cater them with the following engagement models that offer them convenience, speed, and cost-benefit.
Fixed Cost Fixed Time
Under the fixed cost fixed time model, Finoit works with clients to define expected deliverables and timelines to determine a mutually agreed fixed price. The option is best for small or medium sized projects that have fixed scope, requirements, specifications and schedules.
Time and Material
The flexible and dynamic time & material model best suits complex projects that are inclined to specification and design changes. Through this option, Finoitlets its customers modify project requirements as per upcoming market trends.
Dedicated Team
Through a dedicated resource engagement model, we implement customer specific quality/process frameworks at client’s end with the help of a dedicated development team, which includes team members, project managers, equipment and infrastructure.
Milestone Billing
This option can be applied to long-lasting projects with measurable phases. The model reduces project risk due to visible progress monitoring and delivers significant outcomes. Payment schedules are defined on time or milestone basis.
What to look for when
choosing an engagement model
Contracts that are part of our Engagement
Our engagements are based on essential contracts on which our experts will guide you before the project
commences. Some of the contracts that make part of our engagement process include:
How to Outsource your Project to Us
As we know that each project is of a different nature, the chosen engagement model must also be offered to suit the project’s needs. We simplify the task, with this easy-to-follow process:
Initial Consultation
Begin by sharing your project vision, ideas, and requirements with us. Whether it’s through detailed documentation or a casual conversation, we’re here to listen and understand your needs.
Analysis and Proposal
Our team dives deep into analyzing your requirements to propose suitable solutions. We consider factors like user experience, technology stacks, and architecture to present you with a comprehensive proposal.
Negotiation and Clarification
We engage in transparent discussions to clarify any uncertainties and negotiate project details. This phase ensures that we’re aligned on the project scope, timeline, and budget.
Estimation and Recommendation
You’ll receive a detailed estimation of the project, including timelines, costs, and recommendations. We provide insights on architecture, technology platforms, and tools to help you make informed decisions.
Commencement of Collaboration
With agreements finalized, we’re ready to kickstart the collaboration. By leveraging their expertise to deliver impactful solutions, our team brings your project to life.