The Fixed cost agreement is the model where you know how much you need to pay and how long you need to wait for the completion of the project before even starting the project.
When you are fully ready with what you need, that means you have a complete scope of work or product requirements or user stories, then this is the best model for you. Here you can get the exact budget and timeline before starting the project.
The fixed cost agreement covers all the following that are mentioned below
Creation of proper visual identification to make the brand recognizable in the competitive marketplace is the actual purpose of our brand designing processes.
The designs we create provide an efficient user experience that happens to be extremely productive and the user interface so made gives you a pleasing experience and they are applicable for both mobile and web applications.
The finest mobile apps are developed at Weavers with the perfect design and development processes at your service that cater to all your mobile application development needs.
We offer the finest web application development services that give our users the best experiences ever.
The websites we develop ensure a fruitful growth of your business and increase your sales. Hence you could be rest assured that the development of your website is in safe hands.
The quality analysis team at Weavers is adept at making your software solution error free and the quality of the product is never compromised.
Efficient server set-up and maintenance services are offered to ensure that your product gives the best performance.
The digital marketing and SEO team at Weavers takes care of the fact that your business ranks high and stands out from the crowd, given the scenario of competitiveness.
Weavers also takes care about the data entry services and ensures that all your needs revolving around insertion of the right facts are satisfactorily met.
Define Project Scope
We begin by clearly outlining the scope of your project. Define the objectives, deliverables, timeline, and any specific requirements. We try be as detailed as possible to ensure everyone involved understands what’s expected. This step is essential for preventing scope creep, which can lead to additional costs in a fixed-cost arrangement.
Calculate Costs Thoroughly
Once the project scope is established, we calculate all the costs associated with it. This includes labour, materials, overhead, and any other expenses relevant to the project. It’s vital to be comprehensive in our cost estimation to avoid unexpected financial surprises later on. Consider potential risks and contingencies to build a cushion into the fixed cost if needed.
Negotiate and Formalize
We generally sit down with all parties involved in the project, whether it’s our client, a contractor, or a team member. Discuss the fixed cost based on the detailed scope and cost calculations. Negotiate the terms and ensure everyone is in agreement. Once all parties are satisfied, formalize the Fixed Cost Agreement in writing, specifying the project details, costs, payment schedule, and any terms and conditions.
We have been able to win the hearts of our many clients through our hard work, sincerity and dedication and we look forward to gaining the same of many more such clients in the near future.
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