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 Fixed Cost Development Model

 
 

One of the most commonly used development model in case the requirements are well-defined and known in advance. This model enables the customer to plan and budget for the project in advance and eliminates the uncertainties involved in the process. As the requirements are already defined in this process a Quotation with a fixed price and duration is submitted.  Based on client's acceptance  of the timelines

 
Fixed Cost Development Model
 
  and financials for the project the development process follows the regular ADDIE (Analysis, Design, Development, Implementation and Evaluation) process using the RSD (Requirement Specification Document).  
 

In case the requirements are not known or frozen then XQT’s seasoned Project Managers can help you in identifying these requirements on a Time and Material basis after which the Fixed Cost Solution can be implemented.

 
 

 

 
 
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