The hybrid model is ideal for complex and long-term projects, where risk diversification becomes crucial. It guarantees fully flexible project management and payment method. The Hybrid model is perfect for developing applications that require an extremely flexible approach.
This way of project execution combines different models of cooperation, billing and performed functions in IT outsourcing. In practice, this means that a certain part of the processes is billed on the basis of time and resources, while other tasks and functions have their predetermined scope, execution time and cost.
The Hybrid Model is a solution that combines an agile management model and a pricing model for time, materials and personnel. It is a fully flexible pricing model, completely in line with Agile principles, which allows the client to manage tasks, deadlines and budget, or partially selected areas. This gives you the ability to quickly achieve a visible result at every stage of the project.
In the Hybrid Model, costs can be billed based on hours worked(time & material) and predetermined assumptions and completion dates(fixed price). This billing model significantly reduces project risk and is an excellent solution for long-term projects.
At Devire, we successfully run complex projects, the implementation of which is fully tailored to the needs and expectations of our clients. Before starting cooperation, we discuss the entire process step by step to develop a model fully tailored to the client’s requirements. With us, you are always assured of completing even the most demanding projects with ease.
We take a fully flexible approach to the billing of your projects. In a hybrid model, we offer billing on a Fixed Price or Time & Material model . This means that we can accommodate a project with a budget limit set based on an initial estimate, or we can bill a portion as fixed costs and the rest based on hours worked. This gives you the ability to start immediately and develop the project quickly, as opposed to using fixed price contracts.