Engagement Models
PearlArc offers efficacious engagement models personalized for your business requirements.
Engagement Models
| Basic | Applicablity | How It Works | Benifits | |
|---|---|---|---|---|
| Fixed Cost | Based on a specification mentioning the cost as well as deliverables and timelines . |
Well defined and specified services with relatively lower to medium levels of complexities. Projects with a little scope for changes and enhancements during execution. Projects with clearly identified risks and assumptions. Projects with a little scope for changes and enhancements during execution. Actively participating clients with a very strong decision making capabilities while providing a strong and regular feedback. |
Based on the specifications received from clients, we prepare a proposal that will cover visual aspects, documentation, application design, testing, warranty period, change management, communication protocols, milestones, and commercial details. Our analysts work in close collaboration with clients in order to define a realistic development plan based on project's complexity, proposed timelines, and planned budget. |
Risk mitigation. Delivery within stipulated time frame. Calculated cost with desired quality. |
| Time & Material |
Based on the cost incurred by the resource utilization in a particular time period |
Projects with variable scopes due to which accurate cost estimation is a complex task. Projects with evolving specifications, emerging technologies and undocumented business processes. Large scale and complex projects are best executed using this approach. |
This model can be adopted at any phase of the project such as post-specification, pre-specification, post-architectural design, etc. and can involve problem definition, solution definition, research, business analysis, specifications, visual mapping, architectural design, documentation, coding, change management, testing, rollout and maintenance & support. |
Adequate modification scope during execution Regular update on process and progress based on which clients can plan forward to squeeze or expand the project. Resource continuation, knowledge retention and complete control over resources and processes. |
| Resource Based | Based on the need for a dedicated pool of IT resources as per the requirement, preference and expectation. (BuildYourTeam@PearlArc) |
Large scale and complex projects. Scarcity of good resources. Inadequate IT skills and rare skill resources. Hiring & training issues. High employee attrition rate. High employee cost and inflation. Improper utilization of resources. |
The model is initiated with the identification of client's requirements in terms of project volume, complexity, technology and infrastructure, which is followed by SLA (Service Level Agreements) in order to ascertain team composition as well as working methodology. The resource skills and roles matrix define the costing. |
Access to a highly competent resource pool having expertise across a range of technologies and industry verticals. Allows clients to access experienced IT services at a predicable cost in a predictable environment while focusing internal resources on strategic priorities. Resource continuation, knowledge retention and complete control over resources and processes. |