ENGAGEMENT MODELS

In a global market, companies have diverse needs. We understand the value of multiple engagement models for different phases of project. At Tekskills, we have crafted and adapted regular delivery models to fit in with unique client specific business needs. Our client engagement models ensure speedy, client-friendly and cost-effective solutions that allow us to differentiate from regular IT companies in the business. We offer the following engagement models:

We have capabilities in the following areas:

Project Based Fixed Price Model
Implementation based delivery model that adopts a consultative approach towards project management, offering phased delivery and payment methods according to pre-determined milestones. The advantage this model offers is that payment and deliverables can be defined and agreed upon prior to each phase according to client needs, so that budgeting and time estimation becomes transparent.

In this particular engagement model, the following standard steps are followed for each phase of the project: requirements gathering, blue printing, development/ implementation, testing and documentation.

Resource Based Time and Material (T&M) Model

This model offers clients, dedicated Tekskills’ resources on a time and material basis. If the client wants to utilize the resources with a flexible delivery schedule entirely controlled by the client, Tekskills will be able to provide the necessary dedicated technical resources utilizing the time and material based model. The client will be charged according to person hours utilized and any other special hardware/software /infrastructure requirements that are provided during project execution.

Build Operate Transfer (BOT) Model
Tekskills will build and manage an off-shore unit per the client requirements. Tekskills will also offer a host of other services to facilitate smooth transfer of the Tekskills unit into a client development center. Tekskills will stay with the client till the unit gets absorbed and becomes part of the client organization.

Joint Venture Model
Tekskills’ JV model, where we combine our client’s domain knowledge and our technology skills to form a win-win partnership, is perfect model for long term engagements with product development clients.

Alternative Engagement Model
Traditional IT projects are based either on fixed prices basis or on T&M basis. Alternative Engagement models are essentially linking cost of services to total value derived from such services. They are flexible enough to take various forms depending upon client’s requirements and nature of the engagement. Some of the drivers for alternative engagement models are:
  • Align IT costs with business volumes or value delivered
  • Cater to fluctuating business demands
  • Share the project risks with the vendor/service provider