Fixed-price model //
Consider this option when a turnkey custom software development solution is needed.
// The project specifications are already defined;
// Small scale projects;
// Fixed time and price conditions required.
Set up work specifications, wireframes and Work Breakdown Structure (WBS) using project manager services.
// The clients get fully estimated project, including pre-set time, price and specifications.
// The prices remain fixed unless the scope of work changes during the project's development.
Hourly pricing model / Time and material //
Offshore software companies usually charge lower rates than their nearshore competitors.
The total cost equals to the overall amount of hours spent by all specialists involved in a project.
// IT specialist of special qualification is needed
// Specific services are needed on a temporary basis
// The amount of work implied by the project is fully estimated
Billing may be executed on either the due date or on a monthly basis.
This model ideally suits long-term projects when the scope of work cannot be clearly defined or involvement of IT specialists is ongoing, e.g. IT support and maintenance.
Full-time model //
This model implies that CodeX Software acts as an offshore dedicated team
// Cost reduction at full-time employment of IT specialists (lower work rates, no operating/maintenance expenses required)
// Whole range of IT services performed regularly (custom software development, support, IT consulting etc. )
Codex Software provides clients with considerable discounts for offshore dedicated team services. Labor costs are estimated for each project, but the total price remains lower if compared to the hourly pricing model.
The model is most suitable for companies interested in getting professional IT services regularly without any unnecessary expenses.