In today’s globalized business environment, outsourcing is the order of the day. It is very difficult to think of a business that outsources its end to end requirements. One of the most respected and used model is ‘fixed cost outsourcing’. In this model, the project is executed within a fixed timeframe and within a pre-negotiated price. Both the parties carry out a detailed project study before the budget and the deadline are set. Both the clients and service providers prefer this model due to the transparency involved. There is very little room for renegotiation in this model.
Once you plan to outsource your project to an offshore development center, you will be offered a quote along with a project completion date. This will take into account the amount of work your project requires, its complexity and your urgency regarding delivery. You can sign the document once happy with the cost and delivery of your custom development project. It is always good to ask quotes from multiple firms before zeroing in on one as you are likely to get the best deal.
India has emerged as the global hub for outsourcing. No matter whether it is software, websites or mobile apps you can get it all developed in India cost effectively.know more about-Advantages of Fixed Cost Outsourcing Model