XENTIENT"S ENGAGEMENT MODEL
When the Xentient team approaches prospective client, the initial thrust is towards gaining a clear understanding of the various imperatives that drives their business. Further study enables the team to understand the business model and needs. Then, based on the volatility of the environment in which the client operates the most appropriate engagement model is suggested. However, the flexible nature of the engagement models, and their exceptional workability even when a client chooses a mix-and-match option, ensures risk mitigation and appropriate deployment of Xentient's resources.
Broadly there are three engagement models that move from a low involvement, low control mode to a very high involvement, very high control mode. These are:
Fixed Price Model
Fixed Price Model is best suited to clients who want fixed price for fixed scoped project.
The typical Features of this model are:
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Fixed Price
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Fixed Scope
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Familiar requirement (we've done projects like this before) or clear requirement (typically detailed analysis & application design already completed)
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Will involve Project Management, User Interface Design, Development, Quality Testing, Will NOT involve Project Analysis
Xentient keeps the IP (Intellectual property) of the product, but share full rights to use the software. However, if the application is fully designed when it reaches us, then we give the IP rights to the client.
Full Time Equivalent Model
In this model we can provide you with a team of full time equivalent employees for your specific requirements on setting up a dedicated development center. You can choose to hire a single professional and then scale up to a full-fledged development center.
We can provide you with a team of full time equivalent employees for your specific requirements on setting up an dedicated development center. You can choose to hire a single professional and then scale up to a full-fledged development center.
Time and Material (T&M)
With the time and material engagement model, your costs and schedule will vary depending on your specific requirements and on the complexity of your project. This gives you maximum flexibility and also allows you to make substantial revisions to your project even as it is being developed.
The typical Features of this model are:
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Single Standard rate X$/hr irrespective of resource used
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Follows typical SDLC timelines (10 -15% -- Analysis, 10 - 15% -- PM, 10 - 15% -- UI, 40% -- Coding, 10% -15% -- Testing)
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Ideal for Small jobs/Tasks based approach
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Client involvement is greater
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Client keeps IP
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Less expensive than fixed
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