Wednesday, September 08, 2010
.NET Fixed Price

Custom software development can be offered by Euricom in a fixed price contract through which we can implement critical business solutions with a budget and planning commitment towards our customers.

Custom software development in fixed price is a service offered within our managed services portfolio. Euricom  can outsource the project taking responsibility for the deliverables of the project within a fixed planning and budget. 

Euricom uses, for each fixed price project, a customized methodology that mixes the best principles of software development (iterative project management, agile principles, extreme programming,...) customized for the best of the project and customer objectives.

Strong governance is also put in place in order to provide efficient reporting of the project internally and towards the customer.


Some key success factors affect the success of custom software development.

These critical factors are:

  • A project methodology that provides a clear definition of all steps and of all deliverables of the project.
  • Clear definition of all roles involved in the technology and involvement of the persons at level of responsibilities of deliverables.
  • A strict governance that allows project follow-up and reporting early on the topics of issue management, risk management, planning and budget management.
  • Availability of staff with the necessary skills and appropriate dynamic allocation for the different phases of the project.
Euricom provides a SharePoint Portal for each of our ongoing projects through which our project manager manages the project.  This portal provides our customer, who has access to this portal, with the possibility to keep track of their project and its status real-time instead of via weekly meetings.  The customer can join in on the discussion on this project portal, submit change requests, track bugs, etc. all in the same environment our development team uses.  Tracking your project has never been easier or more up-to-date than with the Euricom PMIS portal

Target-Cost Contract

Alternatively we offer our customer a Target–Cost Contract so that the total cost – including changes – is the joint responsibility of the customer and vendor. Feel free to request an onsite presentation of this topic.

Sharing Cost and Benefit

The main financial motivation is that both parties benefit from a reduction in actual cost – a unique feature of target-cost contracts. This is provided that each party is given sufficient share of both the over- and under-run to motivate it.

Variable Scope

Target-Cost contracts are designed to accompany agile software projects. In essence, they attempt to align the interests of customer and supplier, instead of pitching them against each other.

Charles Darwin: “It is not the strongest of species that survive, nor the most intelligent, but the one most responsive to change.” 

 

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