Fixed Price

The Fixed Price contracting (FPC) model is the best to use in projects where all features can be defined and estimated exactly. The total solution cost and delivery date are determined within the agreed scope of project work. The customer may request a change in the project scope during the project implementation.

Time and Material

The Time and Materials price contracting model (TMC) is used when a scope of requirements can not be specified at the beginning of the project, or for projects where changes need to be made on a daily or weekly basis.

The customer and Mothiva agree on a rough project estimation. As the project progresses, requirements for particular tasks are specified, and exact task estimations are made.

In TMC models, the project is staffed by Mothiva on a case-by case basis. The customer pays only for the amount of hours actually worked. These hours are tracked and accounted for by Time Spent Reports (TSRs) with corresponding invoices.