engagement model
Engagement Models

Engagement Models

Faichi offers multiple models of engagement which are flexible and are tailored to best suit the needs of our customers. All engagement models that we suggest are mastered over the years. We offer following engagement models:

Pricing Models

  • Fixed Bid / Milestone based billing model:

The scope and cost is fixed and known at the outset. It is ideal if project requirements and end result is clear. 

  • Time & Material (T&M) / Effort based billing model:

The cost depends on the total execution time of the project and the number of resources deployed. This is useful where the client is unsure of the execution time and when the requirements are complex or prone to change.

  • Cost-Plus Model:

The customer pays for actual salaries, overheads and profit margin. The Cost Plus model is ideal if the customer wants to define the project tempo, hire and retain a highly skilled team and avail a transparent pricing structure.

Our Work

App Dev for Interactive Media Solutions


  • The existing software unstable and buggy
  • Absence of design documents for existing code.
  • Support for multiple software platforms. 

Application Support for ePublishing platform


  • L2 / L3 support for technical issues and Customer facing direct support.
  • Decrease number of open support cases.
  • Increase productivity of support team…
Social Sharing App for a Technology Start-up


  • Product idea  i.e. platform to spread happy messages and appreciations in online social space, needs to be converted into a fully functional  web application

Get in Touch

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