Is hiring a headcount cheaper or getting a fixed price project to be executed will be cheaper?
Hiring a headcount can be a lot cheaper if the project requirements are not clear and are subtle to changes. This also allows you to use as much time as you wish at a fixed rate. However if the requirements are clear, you can go for a fixed price quote so that you can finish the projected in a fixed timeline. If you are expecting any repeat business/work, it is advisable to hire a headcount. Q. I am not sure how many hours will my project take to execute. In that case how do I determine how many hours should I buy? In that case, you can always send us your requirement specification. We will analyze your needs and shall give you a fixed price for the project once the scope of work is frozen and then shall accordingly ask you to buy the number of hours.
