Our extent of experience in this field has revealed to us that different businesses have their own set of requirements and expectations from us. Therefore, we have taken the responsibility to pool up all the requirements that have been posed to us and create three engagement models for the benefit of our clients. However, we do realize that there are a multitude of factors that may not have been covered in the system that we created – therefore, we render to our clients the ability to create a new engagement model or customize an existing model to suit their requirements.
Fixed Time and Price – where the requirements are easily definable
This is usually the most viable option for companies which are clear on their project specifications, scope, deliverables and acceptance mode. In this case, Vertace can prepare a document enumerating the cost of the project (fixed price) and a fixed time proposal. To facilitate the initiation of the project, we also do an initial consultation with companies in case they do not fully define the project parameters. In response to the consultation, we create a technical document consisting of the proposal and the parameters.