Many companies offer many different engagement models, particularly to satiate the needs of the consumer and to offer a better and efficient service to the customer. Software companies aren’t much behind the race; they too offer service models with leveled arrangement to their capacities and the needs of the consumers. The primary means of Engagement models include Project Outsourcing wherein the company has able ties with other companies off shore for the partial satiation of the project, the resource where in might be lacking in the parent company, the next base is by the means of extended team, wherein an expert team is called as a contract to take care of the entire project.
Numerous Engagement models are out there on the field and it’s difficult to narrow down a one particular business engagement model as a best one, as each model comes in with its own negatives.
The various Engagement models are as follows:-
1. Fixed Time, Fixed Price: Works on the basis on no negotiation and utter satisfaction,
2. Time and Material: The price engaged is relevant to the time and the material in availability.
3. Resource Based Model: The model is based on the nature of resource required by the project.
4. Onsite Model: Many models are already engineered and designed and you can choose an existing one.
5. Full time Equivalent: With this business model, the client will be provided with full time staffers, even to set up an off shore if needed.
6. Project Subcontracting: As mentioned above, delivering the part of project off shore due to lack of resource.
Numerous Engagement models are gaining momentum day by day, primarily deleting or obscuring the old business models; however for the development of good engagement model, customers should be kept in the first priority and the profit the next, Many Companies working with this motto in their mind have crunched off numerous profits, notably Apple, Microsoft etc.

Leave a comment
Comments feed for this article