OUTSOURCING MODELS

Time and Material

As apparent from the name of the model, the customers will be charged based on the resources utilized and the time spent for the project.

Can be Applied to:

This model finds its application for the projects where the project specifications evolve as the implementation progresses. This can be typically applied to Re-Engineering Projects, Regular Maintenance Projects, Research Projects, Usability and Functional Testing Projects. The projects, which are Ongoing in nature and longer in duration or the project with many unknowns, are best executed using this model.

Approach

In this model the starting point is derived from various stages- post specification, pre-specification, post architectural design. A detailed project requirements will be prepared addressing to project requirements, solution details, research that will be involved, business analysis, specifications, visual mapping, architectural design, documentation, coding, change management, testing, roll out and deployment support.

It is usually difficult to estimate in start, so Customer and Elixir will use a phased approach for implementing the project and identify the elements and associate with different phases. Based on this phases Elixir prepares an effort to estimate for the each phase with the change management and assumption updates. This effort is charged on pre agreed hourly rate based on the quality of the resource engaged.

Elixir through its project management skills tries to ensure that the project estimation is correct and implemented in an effective manner.

Benefits

The model provides a solution for the Complex or Ongoing projects with evolving requirements and providing room for the change as the project progresses.

Make yourself happy with a fixed cost and time offshore outsourcing model.