Fixed Price Model
“I know what I need from my technology partner. Its just that I don’t have resources or the time to get into it”.
When the scope of the project is well defined and the work-breakdown structure is clearly spelt out; all you need is a good developer to code the solution you’ve architected. A Fixed Priced model is an arrangement where the pricing is arrived by agreeing on the cost per hour time after estimating the time taken to complete the project.
Some of the Fixed Priced projects basis typically are as follows: