Engagement Model
Fixed Price Model:
The Fixed Price Model is best suited to small and medium level projects with definite scope and clear specifications of the projects. You can engage this model when everything about your project is apparent from the beginning of your project to its delivery and pay a fixed price as per the agreement.
This model is ideal for customers who have detailed project specifications, time lines and budget. Because of the clear goals sketched out, it is considered that while developing the application it will give little or minimal scope for modifications or changes. This means that Fixed Price Model, in addition to being appropriate for short-term and medium level projects, it can also project results as foreseen.
This model works better with mutual cooperation (with necessary feedbacks, ideas and suggestions) between Tech Active and the client.
Time & Material Model:
Time & Material (T&M) Model is applicable for projects that are bigger and longer in duration. When specifications and implementation plans cannot be clearly defined before taking up the project, T&M Model is the right choice allowing you to modify your specifications, adjust time schedules and define scope during the execution of your project.
We will work with you closely to define a realistic pattern based on your project's complexity, proposed time lines, planned budget and any anticipated challenges. Our team will do this by studying your business, your market and project requirements, so that your project is executed with best efforts in a smooth environment and ultimately you are successful.
Our abundant experience has identified that bigger and longer projects with indefinite specifications and imprecise plan tend to evolve during the course of their execution. This may require several modifications and changes and extra or lesser resources to carry out the project. In such case, our T&M Model facilitates the customer to amend to the necessities such as hire precise or additional resources needed for each of the particular module of the project and pay for the specific work done.
We provide regular detailed reports on the work done on your project, which describe the progress and process of your project and also facilitate you to plan ahead in case if you want to improve or condense your application.
Captive Offshore Team Model:
We offer a unique business model where our clients can build a technical team here with us (like an extended arm/team of your own on-site team). We provide them with the required resources that fit to their requirements. We build a core technical team that will managerially report to technical director and Functionally to the Client. The client will reap the advantages of the two best worlds "Time and Material" and "Fixed price" by having an extended team of their own at low operational costs.
