Time and Materials
- Best for variable, flexible and agile project execution when the requirements are not predefined and the end-goal is not decided.
- More flexibility and room for changes at any point of time during development.
- Varied rates on basis of hourly, weekly, or monthly according to the task or the allocated resource
Resource Hire
- Virtual expansion of the in-house team lowers the cost of hiring a full-time resource and cost-effective way to extend the team strength
- Staff augmentation helps to add an extra skill set to the existing team and leverage their expertise for a predefined duration (Houry, weekly or monthly)
- Flexible, scalable, and controlled workforce
Fix Cost
- Ideal engagement model for small and medium projects where requirements are specific, well-defined and chance for uncertainty and change is very less.
- Calculated project planning & scheduling, defined deliverables and timeline.
- Low risk due to high predictability.