Fixed scope – Fixed Budget
For projects that have well defined written requirements, Simplicity AI are usually able to provide a fixed-price, fixed-scope quotation. This benefits customers by providing a fixed project budget, lowering their financial risk and shifting time management responsibility to Simplicity AI.
The fixed price quotation process usually begins with an initial technical discussion with the customer, followed by the submission of requirements documentation to Simplicity AI. The engineering team will review the documentation and will request any clarification on the scope of work, that is required. Once Simplicity AI are happy that the scope of the work has been clearly defined, a proposal or quotation with a fixed price can be generated.
If a customer does not have well defined written requirements documentation, but requires a fixed-price, fixed-scope quotation, Simplicity AI may be able to provide assistance through its consulting services. This work could range from minor elaboration of existing documentation, through to a large scale requirements capture and recording activity.
Projects that revolve around activities that are well defined and documented are usually most suited for delivery as a fixed-price project. A common example might be development of an ATE system for a mature product, where the requirements for testing the UUT are fully defined in the PAT document.