Hourly Price Model (T&M)
This model reflects the cost per-hour for all the resources assigned to develop a client's solution. Under this model, Emico Solutions offers its clients the flexibility to alter specifications based on upcoming market trends. This model is suitable for projects, which, are in their initial stage of development where specifications have not yet been clearly defined. The client pays an hourly development rate agreed mutually at the time of contract signing. Hence, the cost is determined by the amount of time and resources expended.
Fixed Price Model (FPM)
Emico Solutions follows a Fixed Price Business Model for projects that are specifically defined in terms of their requirements, schedules and project path. Under this business model, we work with our clients to define their expected deliverable outcomes to determine a mutually agreed fixed price. We leverage this model in areas where we have domain expertise and accurately defined evaluation processes to set up the resource devotion. Emico Solutions's focus is to deliver consistency and excellence in executing projects in a timely and, cost efficient fashion.
Mixed Approach Model (T&M and FPM Model)
Sometimes it is not possible to follow one pricing model during project life cycle so a combination of above two models is used.
Custom Requirement
We are open to any other model subject to specific requirement. We have worked on weekly/monthly rate contract model too.
How a project starts
It is quite easy to start a project with Emico Solutions - just contact us and tell us your needs and expectations. If you wish,we can co-develop the project description and budget. Emico Solutions IT analysts will approach you to learn as much as possible about your business needs and requirements, in order to prepare and propose an optimal technical solution. We can also perform the required effort estimations on the basis of your existing technical documentation.
How a project runs
We sign a contract for the agreed activities as work for hire.It is up to you to choose whether we will work on the time and material basis or on fixed price basis. Depending on the scope of the contract, a project may include the following phases:
Analysis / preparation of requirements;
System technical design and preparation of complete technical specification;
Visual design of the user interface and business logic;
Programming, documenting and testing;
Preparation of the user documentation;
deployment of the system;
Support, localization and further enhancement of the system.
Each contracting side will assign a special person responsible for communication and dealing with Technical/ non-technical questions. The customer's contact person is responsible for setting objectives and providing all necessary information. Emico Solutions contact person is responsible for arranging and ensuring smooth running of the project and timely reporting on its progress
COMMUNICATION & GOVERNANCE
An Emico Solutions Project Leader will have the overall accountability for Project Delivery. He will serve as the single point of contact on all day to day communication related to management of the development service, progress reporting, monitoring and resourcing.
We are available online at
+919840072623
emicosolutions
+91 44 2434 5205
+91 98400 72623
Project Reporting
Emico Solutions will provide you timely and appropriate management information as and when required.
Emico Solutions will provide weekly progress highlights which collate and summarize progress information. The report will include progress made to date, ongoing plans, status of key deliverables and will highlight any issues requiring action or escalation.
Emico Solutions will provide weekly progress highlights which collate and summarize progress information. The report will include progress made to date, ongoing plans, status of key deliverables and will highlight any issues requiring action or escalation.
