Fixed Cost Development Model Business
Models Company Methodology
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
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.
Fixed
Cost Development Model
