Engagement Model

Flexible Engagement Models For Faster Time To Market

Business engagement is about forming strategic partnerships and entrusting business processes to drive success. At MPC, we offer cost-effective, customized, and flexible engagement models designed to enhance business performance. We believe that these partnerships should be adaptable and foster mutually beneficial relationships. Market Prism Consultting collaborates with clients based on their unique business requirements, offering guidance from strategy to implementation. Recognizing that innovative solutions require thorough analysis, we recommend various flexible engagement models that aim to deliver maximum returns at a low cost.

Fixed Time/Fixed Cost

In this model, the Project Manager and team oversee the entire project lifecycle, ensuring deliverables and quality. It's ideal when the project scope and requirements are fixed. Our fixed time/fixed cost approach offers a cost-effective, low-risk solution with guaranteed on-time, on-budget delivery.

Distributed Development

This model involves active customer participation in both project management and execution. The project lifecycle is divided between onsite and offshore teams, ensuring collaboration and efficient distribution of tasks across different locations.

Our Engagement Model

We solve your biggest business pains and help you succeed. Here is how we can work together.

Effort Base Pricing

In the effort-based pricing model, the project cost depends on the total execution time and the resources used. This model is ideal for complex projects that may undergo specification and design changes. It suits customers who need quick access to resources and flexibility to develop and modify project specifications based on evolving market needs.

Not Sure?Get Consultation

Explore your options with Market Prism Consulting expert consultation services. Gain valuable insights, address any uncertainties, and plan the best course for your project. Together, we'll ensure your decisions are well-informed and lead to success!

How we can work with you

Partner with Prism Code at any stage of your project and select the engagement model that best aligns with your project scope and business priorities.

Prism Code can build your product on a Time & Materials, Fixed Price, or Dedicated Team basis, using agile or waterfall methodologies tailored to your project’s specific needs.

Our engagement models

When selecting the ideal engagement model for our clients, we dive into the details—from primary business objectives and project scope to the required level of flexibility and control. Our goal is to create a solution that strikes the perfect balance between cost efficiency, performance, and flexibility.

Time & Materials

Under the Time & Materials model, we can deliver your IT solution either in a linear sequence of stages or iteratively, maintaining constant communication with you. You pay only for the actual work completed, based on daily or hourly rates per specialist.

Fixed Price

With this model, we deliver your IT solution at a fixed price set upfront for the entire project. This typically involves thorough planning and estimating of the project scope before development begins.

Dedicated Team

Alternatively, you can hire our highly skilled engineers to fill specific skill gaps within your team or opt for a fully dedicated, self-managed team. You’ll gain professionals who integrate seamlessly into your environment, bring fresh perspectives and ideas, and deliver results with in-house-level commitment.

Comparison of engagement models

Features	Fixed Price	Time & Materials	Dedicated Teams
Project Size	any	any	any
Requirements	fixed	evolving	evolving
Scope Flexibility	limited flexibility	flexible	flexible
Budget Predictability	highest	pay as you go	fixed team cost
Timelines	fixed	flexible	flexible

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