BlueRose has evolved various engagement models based on typical client's need. BlueRose works with clients to identify the right engagement model. The right choice of engagement model is critical to the project success and overall experience. Based on our deep industry experience, BlueRose recommends the most appropriate model.
Fixed Price
Fixed price engagement model is used for a close ended engagement. It requires well defined requirements and deliverable to be identified ahead of time. These are put under change control mechanism. This model works best for one time development of a product or a component of it.
Time and Material
More often than not, the requirement changes as the world is dynamic. Further complex and ever changing dynamic of the industry make its difficult to work in an environment which is required for a fixed price engagement. T&M price engagement model is used for such a scenario. This is still used for tactical project needs and works for a short period of time, which can be extended based on the project requirements.
Offshore Development Center
For Clients looking for a long term strategic relationship, Offshore Development Center offers the best choice. This model offers a long term dedicated team. This team can be trained on the client's products and hence establish a center of competency. Depending on the nature and strategic positioning of the ODC, it can be used for a variety of tasks including working as an extended team, taking company component/product ownership among others.
|