Fixed Price

Fixed Price

A low-risk engagement strategy using a phased approach to deliver on the requirements.

The fixed price model best suits projects with a clearly defined scope and requirements at the beginning of the project.

Under this model, Payotek first understands your requirements and fully scopes the project after documenting the dependencies and constraints if any. We then estimate the effort and cost required for completion and arrive at a fixed price.

Under the framework of this model, Payotek uses a phased approach to deliver the project, from planning, design, and development, to testing, deployment, and support.