Engagement Models
Cost + Markup
![COST Markup COST Markup](https://spacetimetec.com/wp-content/uploads/2021/10/COSTMarkup.png)
Best suited for projects with clearly defined scope, requirements, and timelines, this model ensures we take full responsibility for project delivery – ensuring zero time and cost overruns.
The project is usually broken down into smaller steps, and delivered in stages, ensuring adequate opportunity for course correction with clear milestones.
Fixed Bid
![Fixed Price Fixed Price](https://spacetimetec.com/wp-content/uploads/2021/10/Fixed-Price.png)
Especially suited if you are looking to extend/expand your in-house team, without the hassle of recruitment. You get the resources you need, dedicated to your projects, with a fixed monthly fee. You can also quickly expand with even more resources, as and when needed.The project is usually broken down into smaller steps, and delivered in stages, ensuring adequate opportunity for course correction with clear milestones.
Time and Material
![Time and Material Time and Material](https://spacetimetec.com/wp-content/uploads/2021/10/TandM.png)
Ideal for complex projects which require a wide variety of skills and resources. You get access to any resource, and are charged on a pro-rata basis. Please note, the rate per resource, per hour might vary, based on domain and skill level.