Fixed Price advantages

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rakibhasanbd4723
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Joined: Sun Dec 22, 2024 10:06 am

Fixed Price advantages

Post by rakibhasanbd4723 »

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No surprises when it comes to the budget
This model guarantees that the final price of the delivered services isn’t going to change. The price is written into the contract and fixed. You’ll know exactly how much your project will cost and make sure that there are no extra expenses charged at the end.

But if locked by the constraints of a saudi arabia whatsapp fixed budget and facing unforeseen complications, the development team might look for shortcuts and, as a result, deliver a solution of sub-par quality. As a result, you might have to spend more money on fixing issues once the project is finished.

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You don’t have to engage in the project during its development
Since this pricing model doesn’t require your participation or control at every stage of development, you save a lot of time, which you can use instead to concentrate on growing your business. All the while, your project will be proceeding according to the direction you’ve set for it. However, this also means that there’s no one around to control the quality of the delivered work.

Fixed Price disadvantages
Predicting all the requirements is possible in rare cases
You may have a clear vision of how the final result should look like. You know how to describe what you need to be done in technical terms. But that’s not enough.

In fact, a theory is always less accurate and predictable than empirical experience. The best ideas for improving your product might evolve during the development process. But if you’ve chosen the Fixed Price contract, applying changes will be hard. You’ll need to issue a change requires and ask the team for reestimation. This will slow you down every single time you want to make a change.
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