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ENGAGEMENT MODELS
Time and Material
Concept
As the name suggests the customer will be charged based on the resources
utilized and the time spent for the project.
Applicability
This is the best method for implementing projects which are longer
in duration and where the project specifications evolve as the implementation
progresses. Large scale and complex projects are best executed using
this approach.
The objective of any software project is to find
a solution to a business problem. This model allows the software
service provider and the client together to arrive at that solution.
The best suitable solution possible to resolve the business problem
can be delivered to the client. The focus is more on the solution
and the specifications evolve to fit the business solution.
Approach
This model has a start point from various stages viz. post specification,
pre-specification, post architectural design etc. A comprehensive
scenario will involve problem definition, solution definition, research,
business analysis, specifications, visual mapping, architectural
design, documentation, coding, change management, testing, roll
out and support.
The effort estimation for all the elements for
all stages at the beginning of the project is usually involved and
complex. You and ELAAMMAL prioritize and scope each element. ELAAMMAL
prepares an effort estimate for that stage, defines the promised
deliverables for that element and states the assumptions involved.
The implementation of each element is embarked
upon with a provision for change management and assumption updates.
The effort is charged on a pre-agreed hourly rate based on the quality
of resource engaged. ELAAMMAL and Client agree on a change management
practice and provide room for the same.
ELAAMMAL's effective project management ensures that effort is estimated
and implemented in an effective and controlled fashion to reduce
time and cost overruns.
This process is repeated for each of the elements
until the solution is delivered in its entirety.
Benefits
ELAAMMAL has considerable exposure and experience in implementing
time and material projects. The client benefits from the strong
business analysis, research and project management experience of
ELAAMMAL in achieving the desired business solution. Managing complex
projects needs expertise in various aspects of project management
and a symbiotic and close interaction of various skills and tools.
ELAAMMAL has the advantage of having all of them under one roof.
The benefit of this model is that it provides a
business solution for complex business problems focusing on a solution
framework and using diverse skills. The benefit of this model is
tangible and is dependent on the level of expertise of the service
provider you choose.
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