The Fixed cost model: Pros & Cons
Whether you offshore, nearshore or use subcontractors, it can be tricky dealing with vendors locally and internationally. Many managers feel safeguarded to choose the fixed cost model with the intent to avoid cost over runs. The objective is to look for a predictable scenario where both parties honour the engagement, and the work gets completed through a hassle-free partner. Managers have restricted budgets, hence they intend to get more done within their allocations. Let’s a