Fixed Price Model
Under fixed cost fixed time model, Shadow works with clients to define expected deliverable and timelines to determine a mutually agreed fixed price. The option is best for small or medium sized projects that have fixed scope, requirements, specifications and schedules.For businesses that have well-defined goals and project schedules, fixed price engagement model is the best bet. Under this business model, a fixed price is negotiated between the client and the development company. The fixed cost of the project is linked with predetermined deliverables.