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Parameter Fixed Bid Time&Materials Hire a Team Priority Of Work Fixed Flexible Flexible Flexibility of Requirements Specs’ Fixed Flexible Flexible Resource Control None Full Full Visibility of Methodology None Partial Full Team & work Management Vendor Client Vendor Same Team Retention Not Possible Possible Gauranteed Cost Control Fixed, Controlled Un estimated, Timesheet- Controlled Estimated & Controlled Basis of Charging %payment for each milestone Hourly Rates, Payable monthly Monthly Rates, Payable monthly Change Management Difficult, Premium charged Not an issue Not an issue Suitability Suitable for well-defined components or modules. & Unsuitable for building version 1 of software products. Suitable for ad-hoc tasks or where the work volume cannot be estimated early on. For Eg: bug-fixing for a stable product, graphic design for a new UI Suitable for all work where ‘knowledge retention helps’, and where flexibility in work prioritization is needed. For Eg:building commercial software from scratch Short Term Savings Long Term Benefits

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Lookin For	Microsoft: Programmers ASP,.Net,C#,MS SQl,Access, Ajax,Javascipt,Mysql,CSS,HTML LAMP: Linux,Apache,PHP,Ajax,Javascipt,Mysql,CSS,HTML Opensource Customization: Cms, CRM , ERP, Shopping Carts Others
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