Large but fixed cost projects usually exhibit repeatability and quantifiability of tasks. E.g. Upgrade from tech A to tech B, migration of multiple enterprise applications to cloud.
-
These tend to have limited customer dependence in comparison to a say greenfield project. Means more offshorability.
-
Repeatability lead to automation which in turn leads to more margins.
-
The confidence to execute in fixed price model comes from your past experience. You migrate to AWS for one customer with 10 applications. You are ready to take it up for 100 applications too.
Sure things aren’t always as straightforward but with experience you know the factor of safety you would want to apply in your estimates.
| Subscribe To Our Free Newsletter |
