Engagement Models

Offerings

Offerings 2018-02-21T13:20:08+00:00

Offerings

Depending on the nature of your needs, we will recommend the most appropriate engagement models, from a variety of approaches we are experienced with, including dedicated teams, non-dedicated teams, time and materials, fixed price, nearshore team and mixed team.

Fixed Price Model
The fixed bid model is best suited for small and medium-size projects where the scope of work is clearly defined and agreed upon between the customer and LATRUS. This model allows customers to pay a fixed price for all milestones deliverables for the entire project. The project plan in such scenarios clearly specifies the scope, costs, deliverables, and schedule, and any scope changes during project execution would result in the change of price.

Time and Material Model
The T&M model works best for customers who want a flexible and agile project execution. This model is ideal for projects where the requirements are flexible and change frequently based on customers’ needs and intended business goals. The customer is billed on the actual efforts spent by the team per month and provides flexibility to the customer to utilize the team for different requirements and also to ramp up and down the team.

SLA/Milestone Based Model
SLA/Milestone based projects aim to deliver specified milestones/SLAs in a project. LATRUS and the customer both work towards a common goal. This model is suited for an iterative and process-oriented approach where the internal and external milestones of the project can be clearly defined, and also ownership and accountability can be clearly defined.

Offshore Development Team
This is a collaborative model where you utilize dedicated full-time services from LATRUS’s resources. You build your multi-skilled team based on your needs. You get all the benefits of experienced and skilled developers and managers without getting involved in things like hiring, resource management, attrition or paying allowances and benefits.

You as the business owner provide us a list of broad-based requirements. We build our teams around your domain and technology requirements, offering specialized services and solutions that meet the distinct needs of your business. We will monitor the project & team for quality standards and step in whenever necessary. This enables you to get highly skilled IT personnel—just when and where you need them– across an amazingly wide range of technologies and domains to help you form and strengthen your team to remain flourishing and competitive in the marketplace.