Engagement Models Comparison
Fixed Price (FP) | Time and Materials (pay-as-you-go) | Dedicated Team | Costs Plus (open book) | Build Operate Transfer (BOT) | |
---|---|---|---|---|---|
Primary focus | Project | Project | Process | Project | Process |
Recommended for | One-of-a-kind projects. Transferring risks to BIM Machine | Projects with random frequency, urgent need | Repeated similar projects that shape a “process”. Knowledge accumulation | Large and long projects requaring economy of scale | Digital transformation projects. Building up a new practice inside of your company |
Tech specification and project acceptance criteria | Agreed before the project inception | Not Required | Not Required | Not Required | Agreed before the project inception |
Change requests | No | No | Unlimited | Unlimited | Unlimited |
Service level agreement | No | Basic | Advanced | Advanced | Advanced |
Transparency level | * | ** | *** | **** | **** |
Extended warranty period* | No | No | Yes | Yes | TBD |
BIM Machine’s remuneration | Included | Included | Included | Is agreed with the Client | Is agreed with the Client |
All costs should be approved by the Client | No | No | No | Yes | Yes |
Min. contract size with BIM Machine | No | No | 3 Months | 1 Year | 1 Year |
Min. billing chunk | No | 1 Day | 1 Month | 1 Quarter | TBD |
Billing frequency | TBD | 1/Month | 1/Month | 1/Quarter | TBD |
Payment structure | Prepayment + payment upon delivery | Payment upon delivery / pay when paid | 100% prepayment | 100% prepayment | TBD |
The scope of work has a risks buffer => increased pricing | Yes | No | No | No | No |
Engineering talent distribution among BIM Machine’s clients | First come, first served. Talent rotation | First come, first served. Talent rotation | Guaranteed capacity. Talent rotation only upon request | Guaranteed capacity. Talent rotation only upon request | Guaranteed capacity. Talent rotation only upon request |
The Client controls the emloyee’s salary and incentives | No | No | No | Yes | Yes |
Direct communication between the client and an employee | No | No | Yes | Yes | Yes |