Engagement Model

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  • Engagement Model
Engagement Model

Luckdaks Software Solutions offers multiple engagement models to meet the diverse needs of theirglobal clients. We provide our clients the privilege of choosing any of the generally accepted models listed below or a combination of these for different phases of their project. Apart from this, we can also work with the client to customize a model for addressing their specific needs.

  • Project based pricing or Fixed bid
  • Effort based pricing or Time & Material
  • Milestone based billing
  • Dedicated Development Facility or Retainer
  • Build-Operate-Transfer (BOT) Model

All the engagement models are cohesively embedded in our service portfolio and our clients can use any of them for best results


Project Based Pricing or Fixed Bid

  • Most suitable when project requirements along with its scope and specifications are clear and unlikely to change much. This is comparatively a low risk option.
  • We offer project based pricing in the domains of our expertise wherein you get the best of the resources.
  • Our process based optimization ensures reliability, predictability and optimized performance


Effort based pricing or Time & Material

  • In the Effort based pricing model, the project cost is a function of the total project execution time and the corresponding resources deployed.
  • This engagement model is particularly useful in context of those projects which are quite complex and are prone to frequent specification and design changes.
  • This model provides greater flexibility to the customer in terms of developing the project specification and modifying the sameas per the changing market needs.


Milestone-based billing

This option works best for Clients who are concerned about progress in remote projects and especially for those who are outsourcing for the first time. Milestone-based payment schedules reinforce progress monitoring. It helps in justifying payments based on milestone achievement and enhanced visibility reduces risks.


Dedicated Retainer

Retainership allows an extension of the customer’s own engineering or software development center. Through such dedicated facilities, Luckdaks Software Solutions offers the best team, infrastructural facilities, work flexibility and time-to-market advantage to the customers and most importantly adhering to the necessary norms to protect the Intellectual Property Rights (IPR) of the customers. This model is best suited to customers seeking continual offshore support on long term basis. For such dedicated relationships, Luckdaks Software Solutions also offers customized, quality/process frameworks and teams are trained for the specific needs of the client. The retained resources are paid on a monthly basis.


Build-Operate-Transfer (BOT) Model

Under this model, infrastructural facilities, team and other resources are assigned dedicatedly to the customer. This facility is like an extension of the client’s own facility. The dedicated facility is staffed on a dedicated or on a hybrid basis. The staff can comprise of existing Luckdaks Software Solutions resources or by Client’s resources or resources hired specifically for engagement or a mix of all of them. Luckdaks Software Solutions offers well-defined mechanism for smooth transition of the facility. Clients see the following benefits by opting for this model:

  • Faster Time to Market
  • Lower Establishment Costs
  • Risk Reduction
  • Flexibility
  • Process Expertise
  • Option of owning the facility at a later date