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For projects with available detailed specification we offer Fixed Budget Business Model with fixed cost and delivery date. We analyze our client's requirements thoroughly in order to prevent further changes to the software requirements specification and develop an exact plan at a very detailed level.
Yet, this model meets both customer's and developer's expectations in the narrow variety of cases.
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This model proves itself when the subcontractor implements simple and fully predictable portions of code that need to be paid for at a fixed and fair basis.
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Should it bid at modest rates and go over budget, the subcontractor will eat the cost, - thus, stating a risk for developer. On the contrary, in case it is hard to predict in terms of time and creative effort, the development process needs control and improvement upon each iteration, and should allow for cancellation at virtually any stage thereof in order for the customer not to overpay, - thus, stating a risk for the customer. Thus, such a development scenario should provide for another business model.
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