Working Model

Offshore projects, undertaken by Ramsoft, fall under two different models

The sections below briefly differentiate these models.
Fixed Bid – Clear requirements are in place

  • Fixed price and schedule
  • Suitable when requirements are clear and stable
  • Payments are made based on milestones and deliverables
  • Project and Account Manager are points of contact
  • Calls for Well-defined requirements
  • Time & costs kept under control (margins for overruns are built-in)

Time and Material – Requirements evolve

  • Requirements not captured yet or a series of small requirements
  • Team is charged on a Time & Material basis
  • A Senior Executive allocated to manage the account
  • Project Management can be with Ramsoft or our clients
  • Flexible resources – can be ramped up or down
  • More flexibility, particularly when requirements change or evolve
  • Lower resource cost