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Most companies desire to have a long-term partnership with their customers. However, sometimes the process of ensuring trustworthy relationships can cause difficulties. Choosing an appropriate cooperation model will help both sides to reduce possible risks and derive maximum benefits from the partnership. Depending on project needs, scope, and capacity a different business model will be suitable.
Cooperation model (or business model) is a legitimate agreement between a service provider and a customer. Both parties should complete necessary documentation in order to protect their rights and ensure comfort partnership. These documents define work conditions, iteration methods, terms and conditions, deadlines, payment, liability of the parties, etc.
Depending on how your project is organized and what your requirements are, Program-Ace offers transparent and efficient cooperation models for better results: Time and Materials, Fixed price, and Dedicated team.
When specifications are unclear and project scope is not precisely defined or needs to be developed throughout the project, Program-Ace suggests using our Time & Materials cooperation model. It will be a perfect match for a long-term or part-time project with no strings attached or undefined specifications, deliverables, or budget. As the final price and workloads change, T&M offers flexible working conditions for both parties. This cooperation model provides the resilience of modifying requirements, amount of developers, workload, and optimizing cost at the same time.
With a wide spectrum of services provided from virtual reality and augmented reality development and gaming solutions to training & simulations and web development, Program-Ace is a company worth attention. For that reason, one of the most prominent business models is Dedicated Team. This model assumes that a team of professionals provided by an outsourcing company will work remotely on your project. In other words, developers effortlessly join an existing team, adopts customer company’s culture, methodologies, and best practices.
The company together with the customer selects experts to work on a specific project. Besides, the outsourcing organization provides employees with all the necessary working conditions and protection. In return, the customer pays an agreed amount of money that includes a monthly salary for every developer. Also, the client has full control over team’s capacity, project management, working hours, and meeting deadlines.
This model is preferable for small and medium projects with strict and well-documented requirements. The client provides outsourcers with all main details like project scope, working period, deadlines for each stage of a project, established budget, demands to the final product and all project-connected details. These comprehensive set of specifications cannot be changed during the duration of the project. Program-Ace carefully explores all project details, estimates its scope and complexity, and provides a proposal with delivery schedule and total cost.
Fixed price engagement model does not require any additional control from the customer; an outsourcing service provider is responsible for the project management.
Program-Ace, as an R&D company with more than two decades’ experience, provides offshore and nearshore outsourcing and outstaffing services in game development, virtual reality, augmented reality, HoloLens development, mobile solutions, training & simulations, etc. Our competent team employs the cooperation models mentioned above to offer a wide range of services. Contact our representative to discuss the best option for your project.