Tetova Developers works under the two contractual models:
— ✓ Time & Materials ✓ Fixed Price
Сompare your project needs with the models described below to select the most appropriate contract type. We work using both Agile and non-Agile methodologies, and can combine them to get the most out of each methodology to the benefit of your project.
There are several types of fixed price contracts we work under:
- FPIF – fixed price сontract with incentive firm (firm target). It means you pay only for the project scope, while the actual work is not considered. If the target goal is achieved at less costs than stipulated at the outset, it results in higher profit for us. If the target goal is achieved at higher costs, you save money on the project.
- FFP – firm fixed price contract. It means the project price is fixed at the outset for the known project scope and can’t be changed during the project development.
- FP-EPA – fixed price contract with economic price adjustment. It means the price for the long-term contract that can last several years can change due to the changing project conditions, such as costs increase.
Agile Project Management Methodologies
The use of Agile methodologies can facilitate project implementation and bring prosperity to your company. Agile project management means continuous improvement through iterations and feedback. Tetova Developers follows the 12 principles of Agile Manifesto and has a primary focus on customer satisfaction, flexibility, communication and people.
— Agile management of your project means:
✔ High flexibility: fast adaptation to changing circumstances (incl.requirements) ✔ Effective communication: ongoing collaboration between the your team and Tetova Developer team ✔ Iterative development: writing the code and testing it in repeated cycles