Fixed price development represents a low risk option which can be utilised when the
scope and specification of the project are reasonably clear.
Some of the benefits of using fixed price development against traditional time and materials
development (contractors) are:
- Budgeting. The entire cost of the software project is known before
commencement of the project. There are no hidden costs or cost overruns.
- Sharing the risks. By awarding bluefin consulting your software project
the risks of developing the software fall largely to us.
- Alignment of company goals. The on-time, in-budget delivery of your software
becomes the goal of both our companies.
- Measuring effectiveness & productivity. A stepped payment system
with payments being made at pre-agreed milestones means that you will never have to
pay for something that hasn't been delivered.
For more information or to discuss your software project please contact us
here.