IT Project Pricing Estimates
Setting budget expectations for your IT project based on the current market
Pricing work is one of the most challenging part of technical solution project initiation, due to the unexpected issues that can arise in programming and deployment.
An important factor to consider is the daily rate of the resources working on the project – vendors can price lower skill sets at the same value of higher skill sets to increase margins and deliver projects “under budget” internally with no saving to the client.
After requirements gathering we will be able to give you a fixed price cost to go to market and gather proposals that is based on current market conditions, experience of delivery of similar solution types and technical abilities required to complete the project. Factored into pricing is also a projection of the time scales that can be expected for delivery of the minimum viable product (MVP) based on your requirements using a MoSCoW breakdown.
If you have a fixed budget allocation already, we can produce a MoSCoW pricing model for key deliverables and other backlog items which it would be beneficial for suppliers to be able to commit to at the proposal stage.
For Agencies/IT Consultants
After a high level meeting with the client to understand the project and processes we will look at market and competitor rates as well as in house capabilities and experience in similar solutions and create a project resource overview and MVP cost expectation that represents a viable proposal cost to present to the client with relevant contingencies and risk assessment included.