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Fixed results for a fixed price
Leave all the development and management hurdles to our team. Enjoy a quality result delivered right on time and within the agreed budget.
All you need to do is:
- Define the task you want to solve within your project.
- Allocate the budget for this task and approve it with our team.
- Set an agreed deadline by which you expect the final result.
We’ll take care of the rest.
When to choose the fixed price model
Apriorit offers you three convenient cooperation models to choose from:
Fixed price
Pay only for the strictly defined scope of work and get the results you expect by the agreed deadline.
Time and materials
Pay for the time the development team spends working on your project and the resources used for it.
Get a meticulously formed team whose attention is 100% dedicated to your project only.
The following criteria can help you preliminarily evaluate which model would suit your project best:
| Model and Criteria | Fixed price | Time and materials | Dedicated team |
|---|---|---|---|
| Budget | Fixed | Flexible | Predicted |
| Deadlines | Predefined | Flexible | Long-term defined |
| Scope of work | Predefined | Dynamic | Long-term defined |
| Project size | Small | Small / Medium | Medium / Large |
| Average project duration | 6 months or less | 6 to 12 months | 1+ years |
You can also take into account your project’s technology domain.
Some domains that can be well-suited for a fixed price outsourcing model include:
Why choose the fixed price model?
Working under this type of cooperation model brings businesses several benefits:
BUSINESS BENEFITS OF FIXED PRICE PROJECTS
Predictable
delivery times
All project deadlines are predefined, so you know exactly when to expect the end result.
Minimized
financial risks
Meeting both project deadlines and the project budget is our responsibility.
No management overhead
Our team will ensure efficient management of the whole project.
Ability to prove partner’s reliability
A fixed price project is a great opportunity to test a new contractor before establishing a long-term collaboration.
When to consider other options
The fixed price cooperation model isn’t a silver bullet for every project. Consider choosing a different outsourcing model if your project needs:
BUSINESS CONSTRAINTS OF THE TIME AND MATERIALS MODEL
Budget adjustments
This model doesn’t allow for on-the-go changes and adjustments to the project budget.
Schedule adjustments
The final deadlines are agreed in advance and can’t be shifted without changing the current plan.
Scope changes
Slight changes within the agreed scope of work are possible upon agreement, but significant changes can only be made through a new plan with new deadlines and a new budget.
Also, for projects with a high risk of budget overruns, the final cost of a fixed price project might be higher than with other outsourcing pricing models.
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