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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.
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