Project Based Pricing (Fixed Price)

Project based pricing model is also referred to as Fixed Bid or Fixed Price. The typical features of this model are:
Fixed Scope
Fixed Price

This option is asked by clients or suggested by us in the following scenarios:

  • Familiar Requirements: The client or FDSC have done similar projects.
  • Clear Requirements: Scope and specifications for the projects have a high level of clarity.
  • Requirements and Design Documented: Requirement analysis and application design have already been completed.
     
Pros
Cons
  • Low perceived risk but actually high risk because the changes cannot be brought about without a cost being incurred during the course of the project.
  • Predictable Budget
  • Low flexibility
  • Highest price

 

Milestone Based Pricing 

This option works for Clients who are concerned about progress in remote projects, milestones-based payment schedules reinforce progress monitoring. It helps justify payment based on achievable milestone and visible progress reduces risks.

 
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Why us?

Reliability and a solid line of communication were the two most important things for me when searching outsourcing software development.  From my first phone call to FDSC, to every email I send, responses have been quick, clear, and dependable.  They stay on top of my work, even when I fall behind.  My experience with FDSC has been a good one and I would definitely recommend them.

Jerry Su
Owner, Lava Lighting LLC