When working with an external development partner, deciding on an effective engagement model can be a challenging task for the project owners; they need to adopt one that would help them best accomplish their business goals and fit their budget and the timelines. And there are other factors such as trust, strengths and weaknesses of the internal and partner teams.
Here are a few things to consider.
- Type of Project – Whether your project is complex or greenfield or relatively straightforward, being developed on a known paradigm?
- Budget and Timelines– Do you have a budget and timelines set in stone? Or can it be flexible based on emerging requirements?
- Scope – Is the scope very well defined and documented? Do the detailed specifications need to be created at the onset? Or do you wish to keep the scope flexible and build the features iteratively?
- Resourcing and Project Management – What skills do you or your inhouse team already possess? What kind of collaboration are you seeking from the development partner? Will you be a hands-on manager or will you monitor the project development while avoiding direct communication?
At Focalworks, we keep things simple.
We leverage our experience of working with diverse products and business teams to help you converge on the best-fit development process. We adopt a development maturity model that can ensure the best outcome for you, taking into consideration any existing pragmatic constraints.
We are driven by technology and the magic that happens when you use the right tools the right way. While we have our favourite technologies, if you are already committed to a specific tech stack, we help you get the most out of it.
We are experienced techies and passionately committed to ensuring high customer satisfaction. The team always aligns to your objectives and works towards your big picture. And we are honest about what’s feasible and what’s not.
A right engagement model is crucial for a successful collaboration between the client and the development partner. There’s no one size fits all. So, based on your unique context, we help you ascertain the right one. And we provide the flexibility you need to get the most out of your development initiative.
|Fixed Price||Time & Material||Monthly Retainer|
|Works well for projects where:||Works well for projects where:||Works well for projects where:|
|Requirements can / need to be fully scoped out and articulated||Requirements are relatively ad-hoc or cannot be fully scoped or anticipated||Requirements are not fully scoped out and ongoing discovery is expected|
|Risk of adverse impact of late discoveries is high||Discoveries are ongoing and emergent, and so a discovery phase or pre-development scoping is not very feasible||Project size is medium to large|
|A longer pre-development discovery phase is feasible||Deliverables are usually small but needs to be addressed quickly||There’s a strong motivation to build a strategic development alliance|
|Overheads of tight scope management is acceptable|
Budget constraints are sacrosanct and takes priority over all other parameters
|Turn around times are a priority||Deep project knowledge, and a commitment of continuity and collaboration in the members of the team is most important.|
Selecting the best engagement model for your project will be completely dependent on your project requirements. Depending on the nature of the project, you must choose the right model for you. Each one has distinct characteristics. You will be able to identify which model is riskless for your project by weighing all the benefits and drawbacks. So consider all the variables that will have an impact on your decision and you will surely make a reasoned judgment.
Are you still looking for a Tech Development Partner who can help you accomplish your objectives quickly and effectively with flexible engagement models? Connect with us at www.focalworks.in to know more about our technology and works, kindly visit https://focalworks.in/our-work.