What is an engagement model in software development?
An engagement model in software development refers to the way in which a software development company collaborates with its clients. It defines the terms, conditions, and framework of a partnership. Different engagement models are available, such as Fixed Price, Time and Material, and Dedicated Team. These models offer different levels of control, flexibility, and pricing structures to cater to the specific needs of clients. The choice of engagement model depends on factors like project size, complexity, and client requirements. Each model comes with its own advantages and disadvantages, giving clients the option to choose the best fit for their project.