Calculating a Price Quote

You define. We deliver.

When a business has a budget allocated for its web application development, then a fixed price quote is often requested for the development work. We often provide a fixed price quote and timeline when asked to deliver a strictly defined project. We calculate the man-hours required to deliver the project and multiply it by our hourly rate to provide you with a fixed price.

This option involves the least amount of risk to your business if you have a well define project scope, and allows you to budget your finances better.

How do we calculate the price?

A fixed price quote is based on multiple factors:

Clarity of Scope

The simple rule is that the more clearly your application requirements are defined, the easier it is for us to provide an accurate price quote and time deadline. However, if the scope and requirements of your application are undefined or still evolving, we have to add a buffer to the pricing, to reduce our risk in case of future surprises.

Size of Project

Larger projects allow us to source greater resources and manage our time and resource allocation better. Every project has some standard overheads which must be addressed. On very small projects, these overheads are proportionally more siginicant, thereby increasing face-value cost.

Project Complexity

Complex projects require a greater involvement of software architects, database administrators and better skilled and experienced resources. Obviously those with greater experience, knowledge and better skills are paid a higher rate, and this cost is accounted for when quoting.

Project Timeline

Project lead time and deadline play an important role in quoting and resource allocation. If the lead time or deadline is short, we may have to re-allocate staff working on other applications, which will mean your project incurs a premium fee.

Need a fixed price quote for your project?
Contact us today.