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Choose the Right Engagement Model
for Your Project

Choose Your Model

Software Development Engagement Models That Exactly Fit Your Needs

To accommodate your various project requirements and preferences, we provide five engagement models. Our engagement choices, which range from fixed price to flexible time-based models, guarantee customized solutions and fruitful project collaborations.

Our commitment is to deliver solutions that are not only efficient and cost-effective but also foster long-term partnerships. With OpenTeQ, you gain a trusted technology partner who values your success and works with you every step of the way to ensure seamless project execution and tangible results.

Engagement Models
Dedicated Team

Dedicated Team

A committed team engagement approach provides a great deal of flexibility and control over the project. Effective communication and teamwork are necessary to determine the optimal model for the large and intricate tasks.

  • Ideal for large, ongoing projects that must be developed from the ground up.
  • A committed development team is assigned.
  • As cost-effective as hourly billing or fixed pricing.
  • Adaptable in terms of developing new features or adding existing ones.
  • Easily scale the team size up or down as your project evolves.

Fixed Price

The cost of flexibility and openness is determined by the most predictable engagement strategy. For brief web development projects with a clear and constrained scope, the fixed fee approach works best.

  • It provides a precise amount for budgetary planning.
  • Timelines and scope are well stated.
  • As soon as the milestone is reached, pay the invoices to minimize any losses.
  • To prevent a budget extension, client agreement is required in the event of a scope change.
Fixed Price
Time & Materials

Time & Materials

Scrum and other agile-based frameworks are well suited to the time and materials model. This approach provides flexibility and a quicker return on investment due to its pay for work aspect.

  • Ideal for large, long-term projects that must be started from scratch.
  • A committed group of developers is allocated.
  • Cost-effective as using fixed rates or hourly billing.
  • Adaptable in terms of enhancing or adding new features.
  • Utilized primarily in blockchain and financial initiatives.

Choose Custome Billing Model If

  • Payments based on demonstrable progress are what you prefer.
  • Seek control and transparency in the finances.
  • A reasonable project budget must be set aside.
Custome Billing Model

Milestone Billing Model

Project accountability and progress-driven payments are guaranteed by our milestone billing approach. Together, we can ensure that every milestone is accomplished prior to the next payment, guaranteeing steady advancement toward your goals.

Advantages

  • The fulfillment of project milestones is a prerequisite for payment.
  • Makes it possible to track development clearly.
  • Lowers the financial risk for a client.
  • Increased transparency and responsibility for the project.
  • Aids in efficient project administration.

Personalized Hybrid Model

We understand that each organization may have unique requirements that don't fall under one billing category. You can create a special collaboration plan that incorporates the best aspects of your required model for a better development process with the help of our custom or hybrid engagement models.

Advantages

  • Customized answers to certain business requirements.
  • Economical efficacy and optimal use of resources.
  • Effective cooperation between remote and on-site employees.
  • Enhanced project management and efficient risk management.
  • Increased value with customized engagement methods.

Choose Custom Hybrid Model if

  • Your project's requirements are special and need personalized attention.
  • You wish to make use of both on-site and offshore resources' benefits.
  • Resource allocation and project management are crucial.
  • You're searching for a tailored solution that appropriately addresses your objectives.
Custom Hybrid Model

Choose Your Perfect Engagement Model!

Tell us your project needs, and we’ll help you select the ideal engagement model tailored for success.



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Frequently Asked Questions