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IT outsourcing models: Fixed Price vs Time-and-Materials vs Dedicated Teams

It starts by understanding what is the difference between fixed price and T&M projects, or dedicated teams, and discerning whether any of them matches your business goals.

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Key Differences

Choose the pricing model that is most suitable for your project.

Fixed price
Fixed price

Focus on certainty for budget and timeline. Fixed-price contracts are easier to administer and require less labor or materials tracking.

Time-and-Materials
Time-and-Materials

Focus on flexibility, allowing agile development and accommodating scope changes. Pay as you go for actual time and resources utilized.

Dedicated team
Dedicated team

Focus on full control over development. Very flexible hiring, access to a variety of skills quickly, access to any team member.

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Meet the process

Fixed price

Focus on certainty for budget and timeline. Fixed-price contracts are easier to administer and require less labor or materials tracking.

Time-and-Materials

Focus on flexibility, allowing agile development and accommodating scope changes. Pay as you go for actual time and resources utilized.

Dedicated developers

Focus on full control over development. Very flexible hiring, access to a variety of skills quickly, access to any team member.

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1New Project
2Assessment
3Scoping
4Design
5Developing
6Testing
7Maintance
8Hand Over
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Request for a price

Fixed price

What’s included

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    Product design
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    Managed development process (full cycle)
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    DevOps and Deployment
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    Quality assurance

What goal are you pursuing?

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Your project platform:

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Dedicated developers

What’s included

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    You participate in resources allocation
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    You manage the development process entirely
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    The administration is covered by EcDev Studio

How many engineers do you need?

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How long for?

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Frequently asked questions

On the majority of our projects, we use the SCRUM methodology with 2-week sprints. For each sprint, the essential activities are sprint planning, daily Scrum meetings, sprint review, and retrospective session.

In cases where the precise delivery schedule is expected, we additionally create and maintain the Gantt charts. Though Gantt comes from a waterfall methodology, it works pretty well for short timelines, let's say for one sprint.

In our software development practice, we use a variety of tools, such as Asana, Jira, Confluence, Monday, Trello, and others. We can work in a project management software of your choice.

Sure. After receiving the client's permission, we can provide you with the client's contact details so that you could ask them anything about our web development company.

Yes. Moreover, we are proud to offer outsourcing services over outstaffing, with mighty managers experienced in launching startups. In some cases, product owners additionally involve a project manager on their behalf and he/she works side by side with our manager.

Yes. We can help with building sales funnels, content strategy, and SEO outreach plans. In the B2C segment, we can also assist you with paid advertising campaigns (both search and social). Upon website release, we can also guide you in launching split testing campaigns that will help you rely more on insights than your personal judgment.