Fixed Price Development
Fixed price project delivery remains the most commonly requested engagement model because of the belief that it reduces risk and uncertainty. Clients positively view a model with upfront fixed costs and where project risk is taken on by the supplier. Due to its popularity, the ability to successfully deliver fixed price projects is an imperative.
A highly successful track record in delivering fixed price engagements by bringing together expertise in business analysis, technology, process and project management, makes Object Consulting ideal to assist organisations with their fixed price projects.
Object is able to offer the benefit of our deep breadth of technical expertise coupled with our impressive track record in building and delivering highly-complex, multi-tier, multi-vendor enterprise-scale applications that are robust and scalable. This is a significant advantage in delivering fixed price development projects, as it means that we understand what does, and doesn't, work in the real world and are able to avoid many common project pitfalls. Our ability to deliver fixed price projects stems from our world-class software engineering methodology, Process Mentor, enabling us to repeatedly deliver time critical and complex projects, whilst achieving high quality.
To ensure the successful delivery of fixed price projects, Object utilises the following strengths:
- A strong process and tool driven approach to requirements management.
- Metrics gathering through detailed PIRs to learn from all projects.
- A selection of methods for accurate estimation.
- Architectural capabilities that achieve the optimal junction between budget, risk and requirements.
- Innovative use of technology to deliver as efficiently as possible, while minimising risk.
- A highly developed Project/Programme Management approach documented through our Process Mentor methodology. This includes the management of multiple vendors.
- A strong governance model that includes detailed metrics and an escalation path.
- Ability to also provide organisational change management, training and ongoing support services.
For more information on Object's Fixed Price Development service please contact us.