Engagement Model
KATAM offers customized solutions depending on the needs of our clients Following are customer engagement models that we have:
Fixed Price Model:
- Fixed price model is best suited for small and medium size projects where the scope of work is clearly defined and agreed upon between the customer and KATAM. This model allows customers to pay a fixed price for the delivery of the entire project. The project plan in such scenarios clearly specifies the scope, costs, deliverables and schedule and any scope changes during project execution would result in the change of price
Time and Material Model:
- T&M model works best for customers who want a flexible and agile project execution. This model is ideal for projects where the requirements are flexible and change frequently based on customer's needs and intended business goals. The customer is billed on the actual efforts spent by the team per month and provides flexibility to the customer to utilize the team for different requirements
Milestone Based Model:
- Milestone based projects aim to deliver specified milestones as per Service Level Agreements in a project. KATAM and the customer both work towards a common goal. This model is suited for an iterative and process-oriented approach where the internal and external milestones of the project can be clearly defined, and also ownership and accountability can be clearly defined