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What contract type is good for a mobile app development project, fixed price or cost plus incentives?

The project has a90 day timeline for phase1 completion.

Project Management
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Question added by Amol Parab , Director - Business Intelligence Projects , In2M Technologies Pvt Ltd (Finicity)
Date Posted: 2014/04/16
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Amer Alokeh
by Amer Alokeh , Service Delivery Manager , SmartWorld DWC LLC

Its a bit confusing.

When you develop a program, You are taking someone's time. If you know exactly what do you want. This means App specifications, diagram and functionality Then it is a fixed contract!

The same software can be delivered by Xman in30 hours and Yman in20 hours but the deliverable is the same product you want. so pay Fixed contract unless you are recruiting the developer to work for you and didnt mean to outsource the app to developing company.

Amol Parab
by Amol Parab , Director - Business Intelligence Projects , In2M Technologies Pvt Ltd (Finicity)

Thank you!

Mahmoud khairat
by Mahmoud khairat , Senior HRBP , Monoprix - Qatar

cost plus incentive

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