Fixed cost projects
How do fixed cost projects work?
For fixed cost for a project work, our team are agreeing to complete all of the work required within that project scope for a set price. This means that the client will know exactly how much they will be paying upfront.
Initial discussion
We have a pre discussion about your project and the general requirementsWe discussed your project and its general requirements in advance, and then we presented to you the amount of time required for a discovery workshop.
Conduct discovery workshop
To ascertain the fixed cost, our team will commonly perform a comprehensive study of the project’s extent and specifications through a discovery meeting. They will take into account elements such as the intricacy of the work demanded, the resources needed to finish it, and any possible risks or issues that could emerge during the duration of the job.
Resource proposal
Once this analysis is complete, we provide our clients with a proposal that outlines all of the deliverables and services included in their fixed-cost package. The proposal will also specify any exclusions or limitations to ensure that both parties are clear on what is and is not included in this package.
Becoming partners
If the client agrees to proceed with the fixed-cost option, they will typically sign a contract or agreement with Solution Business Analysts. This contract will outline all of the details related to pricing, timelines, deliverables, and other terms and conditions.
Our service
If the client agrees to proceed with the fixed-cost option, they will typically sign a contract or agreement with Solution Business Analysts. This contract will outline all of the details related to pricing, timelines, deliverables, and other terms and conditions.
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