The Advantages of Fixed Cost Model
Costs in Advance
The project budget is set and agreed upon at the beginning of our cooperation.
We prepare commercial offer and detailed test plan according to the received information.
The project plan is elaborated and approved at the beginning of our cooperation.
Responsibility for the project is fully on our side, the customers do not need to worry about anything.
We mean Serious Business
Fixed Cost model assumes that the price is predetermined and set beforehand and will not be changed until the end of the project.
The price is talked over and agreed upon at the beginning of cooperation and remains the same regardless on efforts and resources spent on the project.
You Need This Model When:
Questions About Fixed Cost Model
How Does the Fixed Price Model Work?
Then we evaluate the scope of work and give pessimistic and optimistic estimation. The price and time of the discussed testing efforts will not exceed the pessimistic estimation.
For What Projects is Fixed Cost Model Suitable?
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