OpenTeQ provides highly customized and flexible engagement models to meet the diverse needs of our clients and to ensure growth and success to your business. Our models allow our clients to overcome any initial problems and ensure transparency and satisfaction in each project. We focus on quick delivery and cost-effectiveness and high quality in our engagement models understanding the needs of the clients.
Fixed price models are largely for those clients who have well-defined project requirements and is best suited for small and medium-sized businesses. As per the norms of these models, the customers pay an agreed fixed price based on the discussed project scope. The payable project cost is linked to well-defined deliverables from OpenTeQ. At the onset of the project bidding process, OpenTeQ defines these deliverables with the cost breakup and enables the clients to reduce risk by monitoring the project progress.
Time and material models are appropriate for such projects where the scopes are evolving and unclear. Under the time and material model, OpenTeQ prefers to go for an hourly pricing rate agreed to for the resources which would be working on the project. T & M models are appropriate for ad hoc programming development such as product support, product research code review- especially where the design and specifications change constantly. The price of this model is decided based on the type of resource and corresponding efforts. This model allows clients to gather flexibility and ensure greater transparency and control. OpenTeQ generates daily or weekly task sheets of each deployed resource on the project and sends it to the clients for review.
The milestone model aims at delivering a specified result in a project. OpenTeQ and the clients offered with the milestone model, work towards a mutually agreed and standard benchmark. In this model, OpenTeQ delivers results based on the requirement of the clients and the clients need to provide a well-defined and expected goal for a timely delivery. This model works correctly when the internal and external milestones of a project can be explained clearly, along with accountability and ownership. Each accomplished milestone includes payments from the client. The payments are decided based on the time required to complete each task and the development of work. A trusted relationship between the client and OpenTeQ is all we expect to complete the job.
A dedicated team of OpenTeQ works closely on the client’s project when build your team is offered. The team can be constructed based on the requirements of the clients, and the clients get benefited from the model by getting experienced and skilled managers and developers without getting involved in hiring, allowance paying, and resource management.
OpenTeQ creates a fully functional team based on the list of requirements received from our clients. OpenTeQ provides specialized solutions and services which meet the distinct need of each of our clients.