Agil Eight offers you three different contracting models - fixed price, time and materials (T&M), or a hybrid approach that combines the two.

Fixed Price
In a fixed price project you clearly define the software you need and we charge you a fixed total amount for delivering the software. Variations of the fixed price approach can include milestone payments. A fixed price arrangement is a great way to budget your money when you know exactly what you need. Use fixed-price when you can communicate a clear description of what you need.

Time and Materials
T&M means you pay for only the time spent by the Agil Eight team to develop your software. Developing software is a creative process. T&M is often used when you want the Agil Eight team members to contribute to the design as well as the development of your software. Use the T&M approach when you have a strong degree of trust with your outsourced team and you need them to work on various tasks that are difficult to predict ahead of time.

The Hybrid Approach
the hybrid approach of splitting your product development into several shorter sub-projects, with each adding different functionality to the product gives you the benefit of tracking both costs and software development progress. The hybrid approach reduces the risk of you paying too much and also reduces the risk of doing too much to complete a project whose scope was initially not well understood. In the hybrid approach, the completion of your entire project is not offered on a fixed-price basis - only the next milestone. Before the milestone is completed, the next milestone is defined and a similar commitment to its completion is made. Changes based on information discovered during work on the previous milestone are incorporated into the next one.