This execution model primarily suits customers with clearly specified requirements and well-defined project path. In this low-risk option, the customer pays a pre-negotiated fixed amount and the Aricent team ensures quality delivery of the project within a pre-scheduled time frame. Typically the Functional Specification/High Level Design phase is carried out of the client site and then the System Integration and Testing is completed at the client site.

• The activity gets initiated with the requirement definition being communicated by the client
  
• Aricent responds with an understanding of the requirements
  
• Aricent quotes for a Fixed Price for the development
  
• The project plans are drawn up on acceptance of the proposal by the client
  
• Aricent manages the development environment
  
• Aricent manages the complete development. The customer is kept informed and also involved in the reviews. The customer is provided with complete transparency in the project based on his/her needs
  
• The acceptance is carried out by the customer and Aricent provides help at customer site during this period
  
• Aricent continues its services during field trials and after release, as desired by the customer
  
• The post-release maintenance services take care of the enhancements and bug fixes, if required

Often, the scope, specification and implementation plans of a technology project are not easy to explicitly define at the outset. Time and material-based pricing comes in handy here, as technology projects that typically include integration of heterogeneous environments, exploratory attempts, etc. are difficult to define.

Aricent offers to convert the project to fixed cost project once the requirements are firmed up.

ODC is the most preferred business model from the options offered by Aricent. This incorporates a pool of specialized, multi-disciplinary resources that are organized and managed by Aricent to meet the customer's explicit business objectives. Billing is based on man-months expenses at the contracted rate and expenses as approved on actuals for on-site work.

• It meets the long term outsourcing strategy and allows for a quick start
  
• An effective and established offshore development strategy which works like an 'Extension' to your own teams
  
• Dedicated team trained on your line of business, systems and processes
  
• Infrastructure dedicated to your projects, with dedicated high-speed communication equipment
  
• Hardware, software, tools etc in line with your development environment, providing exclusive access to your 'Extended' teams leading to higher transparency in management and progress and thereby ensuring security of work products
  
• Ability to change the specifications at any time since the ODC is in your control
  
• Team management, with the best available talent, is a responsibility of Aricent
  
• Leverages the project management and organization building skills at Aricent to your advantage
  
• Exploit time-zone advantage
  
• IP protection mechanism
  
• Billing as based on:
  
  • Man month expenses at the rate contracted
  • Expenses as approved on actuals for on site work