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fixed
price : the customer
opts for this approach when the customer's needs and
deliverables are specified and the project path is
well-defined within a time-frame. this model facilitates
optimum time utilization
time
and material basis : the
customer opts for this model when the scope, specification
and implementation plan of the project is not defined
in an explicit manner. the client is charged on a pre-decided
man month rate.
dedicated
development facilities model : in
this model, impact reserves resources and equipment
exclusively for the customer, based on pre-stated requirements.
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