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As the environment for business and technology services evolves, customers are increasingly demanding the flexibility to choose their own mix of risk and control factors for each individual initiative. We offer a variety of engagement models to suit the varied commercial and management parameters of your projects.
Fixed Price/Fixed Time
This model provides the low risk assurance of both a guaranteed fixed price and delivery date. This approach can be employed when the scope and specifications of the project are reasonably clear.
Deliverables, costs and timelines are precisely documented in order to support the strong project management methodology required to meet delivery terms. A phased approach that includes scoping, development, implementation and business support is followed.
Additionally, by combining the fixed price/fixed time model with our "right-site" globally distributed implementation capabilities, we can offer customers a tremendous cost advantage while providing low-risk and effective control of the implementation process.
Time & Material Model
When scope, specification and implementation plans of a software development project are not easy to define at the outset, Time & Material Model becomes an attractive option. Under this model, you pay as per use of the hourly development efforts. Under this mode we define the business model and work hand in hand with our client for execution of end-to-end project. At times once the scope is frozen the time and material project also gets converted to the fixed price model. We have very strict project management and reporting practices whereby task sheets are generated on a daily / weekly basis for each of the developer on the project.
In this business model, PrimeSoft Tech forms project teams with the required team members, project managers, equipment and infrastructure based on project requirements. Customers pay a monthly charge based on the size and composition of the team. This model offers the flexibility to balance team size and project workloads. Most of our onsite services (unless it is part of a fixed time, fixed price project) are delivered using this business model. PrimeSoft Tech could bid for partial phases of a project on a fixed time, fixed price basis and the remaining parts on a time and material basis. In such engagements, the Client has complete flexibility in using our associates in tasks that match their area of expertise.
PrimeSoft Tech provides knowledgeable, skilled, motivated, energetic and competent consultants who work seamlessly as part of client teams to provide quality solutions. Our consultants are handpicked after assessing their technical, communication and interpersonal skills. We keep our consultants on the cutting edge of information technology by providing them with ongoing advanced training and skill-building workshops.
Hybrid Model
Very often it becomes necessary to undertake a major portion of a project on a Fixed Price basis and at the same time deploy resources on a Time and Materials Pricing basis. We call this the hybrid model. Adopting such a model enables the client to maximize their budgets without compromising any aspect of the project itself.
Needless to mention here that this model too can be Onsite, Offsite, Offshore or any combination of the same.
This model is used when client wishes to work on fixed price model and when the project scope is not detailed enough to enable us to estimate the effort with accuracy. Based on the initial concept note we define a short initial.







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