The fixed price model of cooperation is designed for short-term cases like feasibility studies, R&D tasks, proof of concept, and others. They all need accurate time and budget estimates with minimum uncertainties and maximum understanding of requirements.Fixed price software development approach perfectly fits the MVP delivery and short trial periods before longer engagements or dedicated team setup.
Overall, it’s the best match for projects with a limited scope and set requirements. Any changes will be a reason for additional assessment and a new contract.If you decide to go for fixed-price web app development, it’s crucial to accurately define the scope of work and all technical requirements, big and small.
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Ross KurhanskyiHead of Partner Engagement
Before fixed-cost software development, we discuss your project idea from a technical perspective and collect all the requirements you have.
We prepare an accurate time and budget estimate for the web development tasks based on the confirmed requirements.
Having agreed on the timelines and development price, we work on the legal aspects of our cooperation, while tech initiation is starting.
We deliver a finished product together with the description of the next steps for its further development.
When a development team can estimate precisely how much work has to be done – choose a fixed price model. The hourly model is a better option when your requirements are not clear.
The fixed-price contracts come with a pricing guarantee. As long as the project doesn't go beyond the defined scope of tasks, the price will stay the same. These contracts provide for a well-defined process complete with specific phases and deadlines.
TechMagic is a fixed-price web development company with a presence in Krakow, Poland and Lviv, Ukraine. We focus on specific technologies and help startups and enterprises launch, grow, and scale their business. To hire us as a fixed-price app development agency means to empower your team with high-performing professionals.
We have expertise in JavaScript, Salesforce, Serverless, and Native Mobile. Our fixed-price web development agency provides top-quality services backed by strong values, management experience in web application development, and an active local community.
