Milstron offers a flexible range of business models. The customer can easily switch to another model if the requirements of the project have changed, or combine some features of different models. Depending on the specifications of the project, our company offers the following business models:
Fixed Price
In this model, the cost of the service is determined at the beginning of the project. This occurs after a detailed analysis of the requirements of the project is made. The customer knows the final cost of the work, before the order is made, and doesn’t need to worry about the risk associated with the change in the course of the project. In addition to the price, the schedule of the work, the stages of payment and other terms and conditions of cooperation are agreed on beforehand. The condition under which the „Fixed Price” model can be presented is the delivery of the final specification of requirements, in a form that allows for reliable estimate of the workload and cost of the project, by the customer.
Time & Material
In this model, the customer bears the costs for the duration of work of the service provider’s team, usually in regard to for hourly or daily wages. The service is accounted for based on the amount of worked hours or days reported by Milstron. The clearing period, in the case, is usually one calendar month. Rates for the particular people’s roles in the project are set at the beginning of the project and include all costs associated with the work. This model is suitable for projects where the scope of work, and in particular their complexity, it is difficult to estimate. It allows both parties for the flexibility in responding to changing conditions. In addition, client obtains better control over the resources dedicated to the project. In this model, the project’s budget is fully dependent on the work needed to be done.
Dedicated Team
In this model, our employees are hired for tasks specified by the customer. Clearances are usually performed as in the Time & Material model. The client specifies the competency requirements for people supposed for the realization of the project, and Milstron presents candidates corresponding to prescribed criteria. Team settled on with the client is given to his disposal and implements the commissioned task. Milstron is responsible for ensuring the availability of the team, providing the infrastructure needed to implement the work and the tools for precise reporting of time worked.