Very often it becomes
necessary to undertake a major portion of a project on a Fixed Price
basis and at the same time deploy resources on a Time and Materials
Pricing basis. We call this the hybrid model. Adopting such a model
enables the client to maximize their budgets without compromising
any aspect of the project itself.
This model too can be onsite, offsite, offshore, or any combination
of the same.
This model is used when client wishes to work on fixed price model
and when the project scope is not detailed enough to enable us to
estimate the effort with accuracy. Based on the initial concept,
we define a short initial "WHAT".