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Engagement Models
At Pennant we fully understand that a strong, proven client-vendor engagement model is the foundation for a successful offshore experience and paves way for establishing and maintaining strategic customer relationship

Our engagement strategy evolved on the philosophy of “we succeed when our clients succeed”. We strive to offer the best fit engagement model for the specific needs of the customer every time by adopting super-flexible approach that often includes a mix of models across several projects.

Since each client has different requirements and expectations, we offer various engagement models to meet diverse needs of our customers. We assist our customer in choosing any one of the generally accepted models below or a combination of them for different phases of project.

In addition, we can even customize a model to address specific needs of customers. An appropriate engagement strategy is based on a clear understanding of customer’s business drivers. Our model’s core focus is on the customer’s critical needs like:

  • Availability of right skills with expert level understanding of client business dynamics
  • Quick Delivery
  • High Quality
  • Affordable cost

In order to offer the convenience and best value for money, any or a combination of the below pricing models can be applied to our solutions/service offerings in custom ways.

  • Fixed Price or Milestone based billing
  • Effort based pricing or Time and Material
  • Extended Team
  • Dedicated Development Facility or Retainer
  • Strategic Partner Model
  • Offshore Development Centre(ODC)
Fixed Price or Milestone based model
We suggest this model when the scope and requirements are well defined with deliverables and schedules. This model is the right-fit that provides the clients with flexibility when there is a concern over progress in remote projects with clear requirements.

Price will be pre-negotiated and is fixed for the entire deliverable and the entire effort including the key milestones will be derived and agreed upon prior to the initiation of the work. This model offers improved transparency enabling clients to monitor the progress of the milestones and reduce any risk of delay. Payment linked to milestones and agreed timelines can also be adopted in this model, which will offer additional comfort level to the customers.

Effort based pricing or Time & Material Model
At times, there are situations where the projects are prone to specification and design changes in midstream. This model is very useful in such situations as it gives customer greater flexibility in terms of developing the project specification on an ongoing basis and modifying the specifications based on the changing market needs.

The project cost is a function of the project execution time and the corresponding resources deployed in this effort based pricing model.

We suggest this model to clients for project requirements which evolve during the life cycle of the project or for specialised skill requirements for a period of time or in the situations where client want to have greater control on the overall project for the entire duration. This model can be adopted for onsite work as well as offshore needs or a combination of both based on the client needs.

Extended Team
We suggest this model to the clients who wants to increase the capacity of their teams while leveraging the benefits of the offshore model. Under this model, our technical teams will work as an extended arm to your teams and this includes assigning part of the team at on-site for any user interactions and the remaining part at off-site serving only the client needs. Under this model, client can leverage the right skills and competencies part of our competency excellence centres
 
 
 

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