This is the most straightforward engagement model suitable for short-timed projects with predetermined requirements, goals, expectations, and budgets. In this model, the project contract is signed with the agreed scope and cost of the project. Even though this model doesn't offer much flexibility, we can still change the project's requirements, scope, and budget on agreed contract renewables. Most organizations prefer to follow this model because of its transparency.
This is another excellent engagement model suitable for projects whose scopes, requirements, and expectations are not determined and can evolve. This flexible approach blends perfectly with the change in plan and evolution of involved technologies. Organizations cherish this approach as it offers great control over the projects and allows payment as you go. This is mainly popular for research and consulting jobs, support & maintenance contracts, and vague projects with uncertain requirements.
Whether you need to accelerate your ongoing project or develop software from scratch, this might be your go-to option. This model enables you to hire a full-fledged team of developers, designers, and project managers, including all team members that the task requires. Moreover, this model generally supports hiring a completely remote team, as most organizations prefer to hire completely offshore teams to reduce development costs.
This model is very similar to the Dedicated Team model, yet this allows us to extend your team with as few as one employee and, in rare cases, thousands of employees at once. This is the perfect model to fill the talent gap in your team by hiring qualified employees with expertise in specific domains. However, it is useful not only when you need to fill the gap but also when you need to accelerate your project within a decided timeframe.