ENGAGEMENT MODELS
We offer a full spectrum of engagement options to suit your business needs, to help you enjoy the benefits of external expertise, cost management and risk mitigation.
We are fully capable to satisfy your demands of higher flexibility by customizing any engagement model:
Project-based Engagement
We recommend project-based engagement model for those who have a one-off/pilot project with well-defined requirements and deliverables. Employing this engagement model, you’ll have your project executed by a full-fledged team at Iflexion.
Dedicated Development Team
We offer dedicated team services to extend your in-house development resources. We complete dedicated teams with the required amount of team members, project managers, necessary equipment and infrastructure based on your requirements.
SLA-based Approach
The SLA-driven model is recommended for long-term projects with clearly agreed constraints and requirements. As per terms and conditions decided between you and Iflexion, we take full responsibility for the complete service management as well as the agreed SLAs.
An inevitable progression as in an effort to build more sustainable relationships and getting to the next level of a mutually beneficial partnership, Iflexion offers non-linear and agile pricing models:
Fixed Price
Iflexion offers customers a fixed price/fixed scope model when the scope and specifications of the project are reasonably clear. Under this low-risk model, we define expected deliverables and timelines as to settle a mutually agreed fixed price. This pricing model is applicable for Agile projects as well. The scope is broken down into short user stories. We are paid the price based on the story size determined during the planning session upon completion of this story regardless of its size.
Time and Material
We opt for the Time & Material Model as to provide you with greater flexibility that allows you to alter project requirements on an ongoing basis mirroring upcoming market trends. This model is perfect for complex projects with inevitable changes in specification and design. This model envisages payments at an hourly rate, which is agreed upon when the agreement is concluded. The team size may be changed at any time, thus, optimizing the cost and duration of the project.
Milestone Billing
We recommend this option for complex long-lasting projects with clearly identified phases where either time- or milestone-based payment schedules are preferred. As each and every milestone is properly accomplished, the client is expensed either a portion of the whole project expense or simply a pre-defined sum decided upon ahead of the project. This model provides for better progress monitoring and reduces risks associated with large-scale software endeavors.
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