The fixed price model can be employed when the scope and specifications are clear, and not subject to frequent changes. This is a low-risk model, as it guarantees delivery of defined scope within the agreed time and cost. In this model, we take end-to-end responsibility of the assigned scope.

This model is best fit when the scope is not well-defined or if there is a strong overlap between both the teams and frequent switching of priorities or if the customer requires flexibility in the size of the team. While we take the management responsibility for ensuring the deliverables, the customer has control over their work.

This model is used by customers requiring a limited number of technical skills offshore with complete management control.