No surprises with fixed-price contracts
At Maxima Consulting, we understand that you can’t afford surprises when dealing with a rigid budget. This is why defining the requirements is so crucial in cases of fixed-price contracts. Fortunately, we know exactly what questions to ask to help you determine the full scope before starting the work.
Reasons to choose fixed-price contracts
Your project is straightforward, and you want the pricing to be simple as well.
You have a clearly defined scope of tasks that you have to take care of reliably.
Your project has a strict budget that will probably stay the same in the future.
You want to avoid potential price spikes resulting from future changes in the market.
You need a precisely-defined process and predictable delivery.
The project scope will not change throughout its duration.
Bridge skill gaps quickly
Leverage IT services to optimize your IT performance
When should you go for fixed-price contracts?
Your organization prefers to deal with simple pricing and financial predictability
Your project has a well-defined scope of responsibilities and a clear set of deliverables
You’re under strict budget constraints that require precise expenditure planning
Your priority is to ensure financial stability that can only be achieved with a predetermined budget
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Your company seeks to mitigate the risk of cost overruns and avoid potential price spikes resulting from future market fluctuations
Migration from legacy software to Oracle Exadata and Netezza
Maxima utilized its mixed onshore/offshore delivery model to securely migrate a financial company’s legacy systems to Oracle Exadata and Netezza and improve its performance.
How does collaborating with Maxima look like?
After you send us an email, our team goes through all the information and gets back to you in 1-2 business days. Later on, our Client Partner will schedule a meeting with you to learn more about the project and deliverables.
We schedule meetings with various stakeholders to learn about the things you want to achieve. Our consultants take part in them to create a plan and proposal for you. At this stage we make sure we can help you get what you're looking for.
After all meetings we can create a proposal for you in which we outline all the deliverables, the team structure, rate card and things that can be improved. You get acquainted with the way we work and the things you can expect once we start working on the project.
Once all documents are signed and the legal team confirms that everything has been taken care of the teams can start working on the project. Our talent management team takes care of finding the best experts for you and we work closely with consultants to make sure you get value from day one.
Along the project we schedule regular meetings with Client Experience team. You work with a dedicated manager who is there to make sure you get the service you were looking for. Whenever there is something to improve they will take care of that.
Throughout the project we will meet to evaluate the progress. If everything is going well and you're happy then we'll keep on moving. If the project isn't going according to plan we'll add resources to speed up the work.
A project is never finished. After the development is done we come up with a maintenance proposal where we make sure the system works as it's intended. On top of that during the maintenance we look for improvements to future proof your organization.
In cases of Fixed-Price Contracts, we base our rates on the scope of work that needs to be done. Once it’s agreed upon, that’s it. Maxima’s experts are well-equipped to help you define the business requirements precisely and ensure your company won’t be surprised by the billing in the future.
The biggest perks of fixed-price contracts
Fixed rates give you the ability to predict costs and allow for more precise planning.
A strict budget is easier to maintain if you know how much a service will cost months in the future.
You're safe from any sudden changes in the market for as long as the contract lasts.
A clearly defined scope of work means everyone involved knows what they are responsible for and what deliverables you expect.
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