| To most of our customers and their engineers, one of the most often mentioned and least favorite tasks is the maintenance and troubleshooting of legacy software. You'd rather not spend any energy on it, but you must since there are most likely some key customers still using it. Your engineers probably also prefer to be working on newer generation products and view this maintenance work as a necessary chore. This is where TetherMedia can help. We have several maintenance plans providing you with the choice of fixed-fee annual maintenance contracts or pay as you go. Because software maintenance is our core business, you'll find our prices to be highly competitive, even compared to performing the work internally.
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As a client, time and materials contracts create an intrinsic conflict of interest between you and the consulting firm. Whereas you'd like to see the work completed on-time and on-budget, unfortunately, the consulting firm may not, since completion of project also implies end of payments, and there are always the myriad justifications for the delays. In fixed-fee projects, consulting firm has all the incentives to complete the project on-time since it frees up the resources for additional projects.
Additional reasons why many consulting firms prefer not to work on Fixed-Fee basis:
- Fixed-Fee requires broad and deep understanding in the target subject in order to generate accurate proposals
- Fixed-Fee requires excellent understanding of development methodology and interdependencies among the various phases
- Fixed-Fee requires highly experienced and ultra-tight project management
- Fixed-Fee requires experience and confidence derived only from years of delivering high quality projects on-time and on-budget
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