Engagement Model
In this extremely competitive business environment, we realize that customers are in need of the flexibility that best serves their unique business requirements. Softek provides the flexibility and freedom of engagement models to suit your various business needs.
Time & Materials
The ‘Time & Materials’ model is used when the scope of work cannot be specified at the beginning of the project, or for projects where changes need to be made frequently.
Fixed Price
Our ‘Fixed Price’ model offers customers a low-risk option and can be employed when the scope and specifications of the project are reasonably clear. This is a popular engagement model which clients feel comfortable dealing with as it guarantees on-time and on-budget delivery of projects.
Risk Reward
‘Risk-Reward’ model can be adopted where a solution/product could be developed on a joint commercial basis with a client. The cost of development and likely rewards can be shared with a client.
Softek endeavors to partner with its clients, by offering unique ‘Risk-Reward’ engagement model for project delivery. Since information technology helps our clients become more effective in their business operations, we are open to linking our charges for a project with the level of business benefit our clients realize.
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