Time and Material (T&M) model is suitable for medium and large projects where clients do not have a full requirements list, requirements change often or the project scope is not yet fully known. T&M is also appropriate for ongoing projects that are in the testing or bug-fixing stages, as well as for those that require maintenance or support.
According to this model, we do an estimate of those parts of the project that can be estimated. We keep all non-estimated parts in a separate list and attempt to have a Rough Order of Magnitude Estimate.
The Fixed-price cooperation model is suitable for small projects, MVPs (minimum viable products), or startups that have a well-defined timeline and requirements.
We estimate the time and budget required to deliver a project before development starts and handle all management tasks.
A dedicated team is a business model where a team fully concentrates only on projects for one company at a time.
The client has complete management authority over the project and its team. Typically, the team works from the services provider's office.
High-quality analysis and assistance with drafting a technical task
Discovery phase within any budget
Team of professional software engineers
Separate department of hardware engineers with extensive experience (electrical engineers, mechanical engineers)
Easy high-quality communication from anywhere in the world
Opportunity for further support and improvements