What are the key factors to consider when choosing an engagement model?
When choosing an engagement model , there are several key factors to consider. These include the type of project, budget, level of control, expertise required, and project timeline. The most commonly used engagement models are fixed price, time and materials, and dedicated team. For small projects with well-defined scopes, fixed price is usually preferred. Time and materials is suitable for complex projects with evolving requirements. Dedicated team is ideal for long-term projects requiring continuous development and maintenance. It’s important to analyze these factors and choose the model that best aligns with the project goals and requirements.