8 Ways To Save Software Development Budget In IT Outsourcing

save software development budget in IT outsourcing by agiletech

1. Choose The Company With High Quality And Cost-Effective Services

How much is this project worth to you? Before planning a software development budget, figure out how much you hope to earn or save! Because cost saving is one of the main reasons to go for IT outsourcing.

2. Estimate All The Requirements Of Your Project

Let’s get started by brainstorming a list of major features the project should have. For example, you can pay a little attention to competitor analysis, UI/UX, security standards, production monitoring. Don’t forget to ask the right questions for a realistic estimate on a software development budget!

  • Define exactly what you want to accomplish then ask how much these will cost in IT outsourcing
  • If you already have a dedicated team modal for outsourcing, determine how long it would take (in hours) to build the product
  • Or estimate how much can be saved in software development budget including ongoing support, executive time, the opportunity cost of internal resources, etc.

3. Define The Right Price Models

Once the project is well-defined, the development team can begin to answer the question “How to choose the right size IT outsourcing partner”. The key to this approach is defining a reasonably sized project.

price model in it outsourcing by agiletech

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
AgileTech Vietnam

A quality outsourcing/offshoring company in Website/Mobile Apps, Blockchain services, AI - big data services. Visit our website: https://agiletech.vn