Fixed Price Projects
We own the risk

When we quote a fixed price for a project we are essentially taking on all of the risk. In order to make sure we deliver exactly what our clients require we define scope very clearly and map the delivery to a timeline. Payment can be made on a monthly basis or can be based on milestones.

Fixed Price Project

What elements do we consider when
defining the price for a fixed price project?

Scope

A key component to a fixed price project is the scope of work. Clarity is not only desired it’s a must. This is an element we will collaborate on so that expectations on both sides can be met.

Complexity

While some complexity can be reflected in the scope of work, highly complex projects with many inter-dependencies can consume more resources and hence require a weighting factor.

Timeline

Projects often have a natural timeline that fits well with the scope of work. On occasion external factors can cause a timeline to be compressed. Aggressive timelines can also cause a fixed price to be weighted more heavily, and the same can be said for long time frames that are telescoped beyond the natural length implied by the scope.

Resources

The experience level of the resources from both customer and service provider are also a factor to be considered when fixing a price for a project. Naturally more experienced resources produce work product more rapidly and therefore can impact project timelines favourably and the converse is true for lesser experienced resources.
fixed-project

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How It Works

Staff Augmentation With TPS

TPS will align the best resources based on your technical requirements, industry and required expertise.

All hardware, software licensing and office infrastructure already in place
Our developers / QA resources are a dedicated team of professionals who will learn your business and become a part of your team
Seamless collaboration between offshore office and client project staff through live chat / email / voice / video
U.S. or Canadian based contact point to manage all issues throughout the relationship and insure success of all projects
We provide a free 2 hour consulting session to prepare you for best practices working with remote teams while proving you constant support out of our Toronto office.
The developers / QA resources are dedicated to you full time thorough the duration of the assignment
TPS takes on all of the above and allows you to simply focus on your Core Business.

Fixed Price Projects
We own the risk

When we quote a fixed price for a project we are essentially taking on all of the risk. In order to make sure we deliver exactly what our clients require we define scope very clearly and map the delivery to a timeline. Payment can be made on a monthly basis or can be based on milestones.