Fixed Price
A low-risk engagement strategy using a phased approach to deliver on the requirements.
A fixed cost pricing model is a model that guarantees a fixed budget for the project, regardless of the time and expense. The main advantage of a fixed price model is that it allows the client to plan and set an exact budget.
The fixed price model best suits projects with a clearly defined scope and requirements at the beginning of the project.
Under this model, PAYOTEK Digital 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 Digital uses a phased approach to deliver the project, from planning, design, and development, to testing, deployment, and support