There are many key challenges faced by businesses who are looking to outsource their projects to third-party software development companies. The first thing is to choose a right business engagement model, second is about allocating of budget. Here are some of the other challenges
1) Communication gap between development team and client.
2) Unable to delivery good quality projects on time.
3) Development project according to requirements of the business.
4) Many projects remains incomplete due to fake commitments.
Here is the graph below it shows the representation of the outsourcing challenges faced by businesses frequently:
In this blog we will talk about resolving challenges related to business engagement model. Here are options which you should do before opting for the business engagement model:
1) Making plans for the project and ensuring that all the activities are pre-decided helps in completing the milestones on time. Therefore, before choosing the right model, your planning should be ready on the table.
2) You should make sure that the expectations with respect to the project are very clear and there is no any sort of confusion. This will definitely help you cut short the list of parameters.
3) The key for better outsourcing is to develop a strong relationship with the outsourcing vendor. This leads to collaborative methods for working environment resulting in improving efficiency of business processes. Therefore, before choosing the model, businesses should check the transparency of the vendor.
4) Being futuristic about your software project helps in getting great results. Therefore, you should prepare yourself for the upcoming challenges and be ready for them.
5) You should always check for a proper Service Level Agreement(SLA), so that all the development work can be done as required by businesses.
The scope within which the relationship between the outsourcing partner and client exists is called as business engagement model. Here are some of the most popular business engagement models mentioned below:
In a retainer model, billing is done periodically, usually 2 to 4 weeks. In this model, a fixed rate is defined for each period.
In this type of engagement model, billing is done to the client according to the hours the team spent in the project. This is engagement model is suitable for small and short-term projects.
Fixed Cost Model
In case of projects in which the client is absolutely clear about the scope and requirements of the project, then this model is used.
The Agile teams at ValueCoders are equipped with the latest tools and techniques for all kinds of business projects. ValueCoders provides the following additional benefits
You can discuss with our experts and they will guide you to choose the best one.
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