Understanding Fixed Bid engagement for software development SERIES2

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Slide 1

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Slide 3

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Slide 5

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Software development engagement series - 2 Understanding Fixed Bid engagement for software development

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Presentation Contents Definition When to use Project approach The cost / fee Reach us

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The Definition Fixed Bid

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A Fixed Price model is viable for projects with well defined requirements and schedules. When your need is clearly specified in sufficient detail, we will estimate the project scope and complexity, and provide a project delivery schedule along with a fixed price for the complete software development. Under this business model, we ensure quality delivery of the final product within a pre-scheduled timeframe, and you pay a mutually agreed fixed price for the project implementation. Defining Fixed Price

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When to use Fixed Bid

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When your requirements are clear and defined in detail. When the projects are spread over a few days to a few months. When you want little or no flexibility on the project requirements. When you want to determine the exact budget in advance. When you don’t want to have a direct control on resources. When to use Fixed Bid engagement ?

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Control Vs. Savings under Fixed Bid for high tenure projects

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Project Approach Fixed Bid

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Fixed Bid Project Approach Requirements Gathering Contract Development Delivery Proposal and Schedule Understanding of Project 4 days

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Cost / Fee Fixed Bid

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If you wish to go for a fixed price model, we would provide you with a fixed quote for the fixed and detailed requirements that you provide to us. The engagement will be for a pre-defined period and any changes or additions to the requirements would involve re-negotiation. Cost of software development on Fixed Bid

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Still can’t decide on an engagement model ? iBoss can help

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Thank You iBoss Tech Solutions Pvt. Ltd. India Office: B-59, 1st Floor, Sector -63 Noida – 201301 USA Office: 6916, Castle Peak Drive, West Hills, CA 91307 Email: enquiry@ibosstechsolutions.com Phone: +91-120-3937314 US Phone: +1-818-337-4553 UK Phone: +44 - 208-819-9751 Mobile: +91-9818857875 / +91-9810157105 Fax: +91-120-3937308 Website: www.ibosstechsolutions.com We're easy to talk to - tell us what you need.

Summary: Hello Reader, This presentation would give you all the knowledge you need for fixed price software development projects. In case you find that this presentation doesnot answer your questions, please mail us at enquiry@ibosstechsolutions.com and we will get you an answer to your question. Watch out for the next in software development engagement series by book marking this presentation. Regards, iBoss Tech Solutions Pvt. Ltd. Mobile: +91-9818857875 India: +91-120-3937314 US: +1-818-337-4553 UK: +44- 208-819-9751 website: www.ibosstechsolutions.com Skype ID: ibosstechsolutions Yahoo: ibosstechsolutions Google: ibosstechsolutions Hotmail: ibosstechsolutions

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