Project Engagement Models
At Pratham Software (PSI), we understand your intrinsic requirements while choosing a partner. We bring flexibility, transparency and extensive experience with our matured processes. Our relevant standardized models facilitate seamless operations and mutually beneficial partnership.
We know what it takes to make offsite successful and become a partner of choice.
...our goal with every project is to create an ever-lasting experience that reflects in the value provided through tangible & measurable results.
...we bring flexibility, transparency and extensive experience with our matured processes.
...we work on customized models for specific requirements.
...our process based optimization ensures reliability, predictability and optimized performance.
Create an offsite team:
Dedicated resources with required skill-sets work across all time zones, providing 24×7 support are allotted at our India Development center. This model is adopted in scenarios where the project goals are well-defined and deviation from the same is unlikely. Management and communication during the course of the project is the responsibility of our project manager who works with tried and tested processes to ensure that delivery is as per the schedule.
Add developers :
Here we add developers on various ongoing projects with required skill sets. The core purpose of this provision is to augment the existing team for adding necessary expertise.
Get people onsite :
The onsite delivery model entails that skilled Pratham Software (PSI) professionals are deployed at the customer’s premises. This provision can only be for a very limited period (maximum 90 days) as per the visa rules and regulations. Pratham Software (PSI) is ready to work in the above manner immediately, subject to application and grant of necessary visas whenever such work arises. From initial consultation to maintenance and support, we combine excellent business acumen with strong inter-personal skills.
Dedicated ODC :
It is a small sub-unit, which operates like an independent entity with a dedicated manager and a permanent set-up working on multiple technologies and varied skill-sets, where we work on numerous projects for the same customer. This ensures continuity within the project and iterative use of components while continuously upgrading to market requirements and effectively addressing business critical issues.
Adopt Hybrid Model :
This model combines the best of both offshore and onsite models resulting in optimum cost and maximum efficiency. The onsite team directly interacts with the client and serves as consultants, program managers or developers depending upon the project’s requirements. The offshore team interacts only with the onsite team and provides additional support thereby reducing costs and implementation time significantly.
Commercial Engagement Models
We operate with multiple engagement models to meet the diverse needs of our global customers and offer them the privilege of choosing any of the generally accepted models listed below or a combination of these for different phases of their project. Moreover, we can also work on customized model for specific requirements.
This is most appropriate for projects where the tasks are to be done on a day-to-day basis or where the specifications keep changing constantly. Through such dedicated facilities, Pratham Software (PSI) offers the best team, infrastructural facilities, work flexibility and time-to-market advantage to the customers and most importantly adhering to the necessary norms to protect the Intellectual Property Rights (IPR) of the customers.
Time & Material Basis:
Here the project cost is a function of the total project execution time and the corresponding resources deployed. This engagement model is particularly useful in context of those projects which are quite complex and are prone to frequent specification and design changes. It provides greater flexibility to the customer in terms of developing the project specification and modifying the same as per the changing market needs.
Turnkey or Fixed Cost Basis:
This is most suitable when project requirements along with its scope and specifications are clear and unlikely to change much. This is comparatively a low risk option. We offer project based pricing in the domains of our expertise wherein you get the best of the resources. Our process based optimization ensures reliability, predictability and optimized performance.
This option works best for customers who are concerned about progress in remote projects and especially for those who are outsourcing for the first time. Milestone-based payment schedules reinforce progress monitoring, as it helps in justifying payments based on milestone achievement.
Build-Operate-Transfer (BOT) Model:
Under this model, infrastructural facilities, team and other resources are assigned dedicatedly to the customer like an extended facility. It is staffed on a dedicated or on a hybrid basis. The staff can comprise Pratham Software (PSI) resources, customer’s resources, resources hired specifically for engagement or a mix of all.
Benefits with this:
- Faster Time to Market
- Lower Establishment Costs
- Risk Reduction
- Process Expertise
- Option of owning the facility at a later date
Revenue Sharing Model:
This engagement model allows both the parties to work to the best of their capabilities and ensure they reap benefits from the end product. It not only gives them safety of distributing both profits and losses but also gives a sense of belonging and existence as a single entity.
Equity Sharing Model:
The model requires a product, multiple owners, and blends them to maximize profit. The model works best when two individuals or organizations work on a product and split profits. This strengthens the tie up until any one partner decides to buy the whole share. Equity sharing is also known as shared ownership.