Fixed Price – Listing

//Fixed Price – Listing


  • Fixed Price model demands that the scope of work, the milestones and the final deliverables are clearly defined and agreed between the parties.
  • Project requirements are very clearly defined at the start of the project.
  • Regular and periodic reviews and focus meetings.
  • Billing is done in phases or stages. A standard phased approach is as below as a guide only*:
  • 40% on project initiation
  • 20% User Acceptance Testing Initiation
  • 30% on completion of User Acceptance Testing (UAT)
  • 10% on production and go-live.

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