‘Full project outsourcing’, otherwise called ‘IT Project Outsourcing’ or ‘Project-based IT Outsourcing’, is the act of outsourcing an entire software development project to a third-party software development company. This form of outsourcing is usually contracted on a Fixed Price Model which is more cost-effective. It allows a business to reroute necessary resources to other areas even as critical IT upgrade projects are being conducted at the same time. Not only is this IT Project Outsourcing best for resource savings, but it also results in better quality and more efficient software solutions. This also allows custom software solutions.
Among other forms of IT outsourcing, project-based IT outsourcing has one of the best cost savings to work done ratio in general. Location-wise, selecting offshore IT project outsourcing can be much more cost efficient compared to onshore or nearshore. Such high amounts of cost savings are usually reached through a Fixed Pricing Model. However, further agility during project development can be reached by opting for a more flexible pricing structure.
Software Developers working in IT project outsourcing are usually highly experienced and qualified, given the right IT partner is selected. Hence, giving them your requirements and letting them do their job with little to no interference can result in unexpectedly innovative and top-quality solutions, in a way that may not be achieved through developers inhouse, due to specialized skills and knowledgeable supervisors.
Contracting out your entire project to an outsourcing software development company means that you handover the full responsibility, including success and failure of the project to them. It is their total responsibility to ensure project success within the budget according to your exact requirements if possible, or at least a close alternative with the same effect if not. Hence, you are able to peacefully focus on other tasks with only occasional communications to confirm the project progress.
Due to high skills and lots of practice, software developers in companies specializing in IT project outsourcing are able to provide faster turnaround times. On-demand resource allocation and an availability of a large pool of experts also plays its part in improving turnaround times.
Full Project Outsourcing is a key product option of Era Biz Solutions. Here is why our clients love fully outsourcing their projects to us.
IT project outsourcing can be done for any software or mobile development project. It is great for working on a budget and if you need someone else to take over the project for you. However, if you need added control over your project with the same feeling as doing your project inhouse, it is suggested that you hire Era Biz’s Dedicated Team as external hires. In addition, if you require a lot of scalability and flexibility with regards to the scope, it may be more appropriate to choose one of the other project options.
The project starts when you contact us to customize your software through Full Project Outsourcing and sign a contract. We speak with you and obtain your requirements. In addition to speaking with you on the requirements, we may request discussions or feedback from other users, detailed information on your organization and the work process involving the software, and other systems that the software will need to synchronize with. This step may require time depending on how much detail you provide us on your requirements document.
Based on your requirements that is now analyzed in detail, the scope of your project will be defined. In other words, the exact project outline, how and to what extent it will be developed will be stated in writing. This is in order to keep within the budget that is planned. Adding new elements and changing them at the last moment can be costly for both you, as the client, and us as the development team. Hence, make sure that solutions for your key requirements for the project are all included within the scope.
A team will be formed from our available inhouse developers, with new hires made if necessary. Their skillset will be as defined by the scope.
The newly formed team will brainstorm and plan the tasks. The tasks will then be segregated into sections in order to allow for agile development. The design of the software solution will be finalized with you. Your development team will create some prototypes for you to check and decide on.
The actual development will begin using Agile Development methodologies such as Scrum. This will make your project more flexible, and adaptable to changes that may be needed. Development will be done in sprints with deliverables produced to you after each sprint. Some will be implementable immediately.
The completed product will undergo a full security audit for vulnerabilities, and repeated Quality Assurance testing till it is deemed ready for release with zero errors. At this point the implementation will begin. A team will be there to support you with the migration and training process as you transition to the new system.
We provide a fixed maintenance period as part of your project package. During this period, we will do all upgrades and fixes for any bugs that may occur during unprecedented circumstances. After the project is completed, a separate maintenance and service agreement can be drawn for extended maintenance