Time and Material
When the specifications and scope of a project that you want to outsource cannot be well defined or locked down, or if project has known risks, the Time and Material model provides maximum flexibility. This allows you to add, change, remove, or reprioritize project requirements at any time during the project cycle. This can be set up as a fixed cost per month per resource, or on a simple hourly basis.
In this model we set up, operate, and manage a project team for you consisting of full time resources. Based on the size and scale of projects, technology requirements, urgency of the project and your budget and business model, we can determine the best possible structure of this project team.
If you want to add onsite, offsite, or overseas consultants to your staff for temporary engagements, Mantra can provide you with IT resources on contract basis. Each of the resources assigned to your project will be pre-screened so that we can provide you with the resources that best fit your needs.
Fixed Scope – Fixed Cost
When project specifications, deliverables, and schedules are well defined and locked down, this model allows you to determine the upfront cost of your project and manage your budget.
In this model, after discussing and reviewing business requirements and project specifications, we provide work and cost estimates and finalize the project requirements. Any additional changes identified during the project development process go through a change request management processes, where the changes are estimated and scheduled for a separate delivery. Change requests can be delivered on a fixed cost or a Time and Material basis.
Businesses often need resources that are available for short durations depending on a number of factors:
- the length and type of a project
- budget limitations
- requirements for specialized resources on an as-needed basis
- criticality of project deliverables
We realize this need and can provide specialized resources on an hourly basis.
This model also allows you to have specialized resources for any project without requiring a long-term commitment.