Time and Material vs Fixed Price Contracts Treinetic pvt ltd

Time and Material vs. Fixed Price: Which to Choose for Your Project?

Today’s article will discuss the advantages and disadvantages of time and material vs. fixed-price contracts, as well as their practical use in software development. Why? Because early outsourcing agreements were typically based on a fixed price model, another prevalent business model, time-and-materials, is also widely utilized. Choosing the best price contract may be a difficult task. And this is because it should be compatible with your company’s operational procedures, contractual needs, goals, etc.

Fixed-priced and time and materials are the most popular and time-tested software development pricing methods. It’s worth mentioning, though, that today’s businesses use hybrids and combinations of their own. Because software development isn’t cheap, budget is one of the most important considerations. Startups and small businesses who wish to invest in an app are searching for ways to save money wherever they can. Therefore, let’s see what we can find out. Which is better for your project: time and material vs. fixed price?

Time &  Material vs. Fixed-Price Compared
You Must compare Time and Material vs. Fixed-Price Contracts First

Time and Material VS. Fixed Price – the Differences

We must first define the features before we can compare time and material vs. fixed price contracts.

Time and Material contract (T&M)

This is the best approach to calculate how much time and resources the project will take. It’s especially useful when we can’t foresee whether or not the project will change over time or when we think it will.

When establishing an hourly cost for software development services, the Time and Materials contract analyzes several variables. And this may include things like each project participant’s compensation or the time and money spent on face-to-face meetings. It’s important to note that this contract covers project management, communication with the development team, and other tasks related to the product’s development and implementation.

When should you utilize the T&M pricing contract?

  • Projects with a long timeline and changing needs
  • The project’s scope is yet unknown.
  • You want the freedom to change the scope or the workloads.

Fixed Price contract

As the name suggests, a fixed-price contract is an agreement in which the cost is unaffected by the usage of resources or the amount of time spent on the project. The client has to pay one fee to get the product. It’s a straightforward setup that reduces paperwork and negotiating time. Therefore, the fixed-price contract is the inverse of the T&M contract.

Based on their previous experience with comparable projects, the vendor sets the pricing. This may be a trap since each product is unique, making it difficult to estimate the precise amount of time and resources required. However, if the app, website, or other software has comparable characteristics to the developers’ previous work, they can typically offer a reasonable amount of money for the customer to pay.

When should you utilize a fixed-price contract:

  • Specific criteria and deadlines
  • Budget constraints or a restricted budget
  • MVPs
  • Small projects with a restricted scope of work

As can be seen, these two kinds of contracts are opposed. Time and material vs. fixed price contracts provide varying degrees of flexibility and are appropriate for a variety of needs. Now we can take a deeper look at who may profit from each pricing plan, as well as its advantages and disadvantages.

The Benefits and Drawbacks of a Time and Material Contract

This is Treinetic’s recommended pricing strategy. We welcome it since it addresses the client’s requirements as well as the budget. T&M provides you with a specialized team of experts that may be tailored to your specific needs. There is no issue with altering the course of your project and requires a new skill set or more programmers for whatever reason.

Pro: Better control over the project

The time and materials pricing approach is popular in Agile development because it allows the client to participate. This typically includes sprints, iterations, and frequent meetings to discuss progress and future actions.

Pro: Extreme adaptability to changing needs

The Time and Materials model allows for modifications and adjustments to the production process. If the client has a budget, adding, eliminating, and enhancing each feature to get the intended impact is not an issue.

Pro: A quicker project start and a more dynamic decision-making process

The project’s early launch will help a large number of entrepreneurs. They should also make choices while the development process is still in progress. This allows them to adapt to the requirements and pains of their target audience, which may change at any time.

Con: Uncertainty for the timeline

As this kind of contract is extremely flexible, disadvantages and problems may arise. The deadline may become a distant date in the indefinite future if we lose control of the project.

Cons: Less budgetary control

Work that is not constrained by a strict plan and timetable, as with a Fixed Price contract, implies that we may wind up paying considerably more than we intended. A solution to this problem would be to apply common sense and only request additional features to help our company. When calculating expenses, keep in mind that developers in different regions charge varying rates, as Statista demonstrates.

Con: The need to be much more involved

Time and Materials may not be ideal if the clients do not want to be a part of the team. It necessitates their presence and, in many cases, active involvement.

Time & Material Contract - Pros and Cons
Pros and Cons of Time and Material Contract

The Pros and Cons of a Fixed-Price Contract

Pro: Being certain about the cost

This price arrangement provides both parties with consistency, which may be advantageous for startups or small businesses with a flexible budget. They pay the agreed-upon amount and don’t have to worry about anything else. That may be risky for the software development company, but they receive some pay upfront, so it’s a win-win situation. However, if anything changes while they’re working on a project and need additional money, they won’t obtain it unless their client is willing to negotiate.

Pro: Established deadlines

Fixed-price contracts require careful preparation; every element must be taken into account when estimating prices. This method makes predicting how much work the project will take and when completed much simpler. This is critical for all clients who care about time-to-market.

Pro: No need to control the process

Clients who do not wish to be overly engaged in the work process may benefit from a Fixed Price contract. The first planning step provides a clear path for the development team to follow. The client does not need to have as much control over what is going on and may concentrate on other business operations.

Con: Longer preparations

According to GoodFirms, the average time to produce bespoke software is 4.5 months. However, as previously said, much preparation is needed to determine the most accurate pricing for the developed software. But when it comes to short deadlines, this may be a disadvantage. Even so, we may not be able to prevent certain communication misunderstandings while the project is continuing.

Con: Higher cost of the project

Because there will be no budget adjustments throughout the project, the software development firm must anticipate all possibilities and be prepared. To minimize risks, the price under the Fixed Price model should contain a reserve.

Con: Worse response to changing conditions

If the market scenario unexpectedly changes, the only option for modifications is within the budget, which may be limited given the previously stated strategy. Furthermore, if the client has an idea that would be far more useful to the company, it may be impossible to implement it under a Fixed Price contract.

Fixed-Price Contract Pros ans Cons
Pros and Cons of Fixed-Priced Contract

Which Should I Choose: Fixed Price or Time and Material?

Both kinds of collaboration models have upsides and downsides. Therefore, they are best suited to certain projects. A Fixed-Price contract is a suitable choice if you have a small project with clear instructions or are certain that no modifications will be required. You will be aware of the project’s cost in advance, and your product will be produced on time. However, it would be best if you were prepared for unforeseen problems or mistakes that may cause you to miss the deadline, incur extra expenses, or leave you with an incomplete project.

A Time and Material contract might be a preferable option for bigger or longer-term projects. It provides product development freedom and control while also assisting you in staying under budget. However, since there is no exact end price or deadline date, you must keep track of the expenses and the project’s progress. T&M also requires regular communication between your team and the developers, so you’ll be spending a lot of time in meetings. Please get in touch with us if you are having difficulty selecting the appropriate model for your project. We can help you.

How To Make An App Requirement Document – 1@2x

Tips to Write a Mobile App Product Requirements Document

From concept to full-scale development, the detailed vision is critical to making the app the next great success. The app development will be outsourced, or the stakeholders will fundraise. But it isn’t easy to communicate the unique app concept to the development firm without a written product requirements document (PRD). 

It should be no surprise that you can get the developers to build the app or persuade the stakeholders to invest with a verbal description of the idea. Nevertheless, the final result will never be the same as you imagined. Finally, time, money, and effort will be squandered since little information is given during the app concept description. 

Clear, concise, and accurate app concept documentation may help prevent such misunderstandings and outcomes. In addition, you may be aware of the importance of creating a one-of-a-kind app in today’s world. That’s because, according to app use statistics from Web Builder Org, there were more than 250 million daily app downloads between 2019 and 2020. As such, there is both high demand and a high level of competitiveness.

App Development Revenue 2014-2023
App Development Revenue Is on the Rise Since 2014

What Exactly is a Product Requirement Document?

The product requirement documentation is a critical component of the app development process. And that’s because it specifies the features, functions, and requirements for each development phase. It’s a set of guidelines for developers and designers to follow to execute things consistently. The comprehensive picture of the eventual product assists in determining the time, money, and resources required. Also, it’s important to establish effective communication throughout the project and to avoid possible risks.

Documentation is a continuous process that iterates as the project progresses rather than a one-time action. It’s a great method to demonstrate a solution to any issue while never causing the team to make erroneous assumptions.

Why Should You Create a Product Requirement Document?

You’ll need a team of developers to convert your concept into a shippable mobile app. Finding the right team isn’t the difficult part. The difficult aspect is presenting your mobile app idea to developers so that they see it in the same way you do. Furthermore, according to Boehm’s study, rework may cost between 40% and 50% of the overall cost of all software development. And requirements mistakes account for a large portion of rework. A PRD can avoid such mistakes to a greater extent. 

Producing a mobile application product requirements document enables you to ease communication with other stakeholders. Don’t be afraid to spend time in product requirements engineering since the potential return is obvious.

Other reasons to write a PRD are as follows:

  • Increase your own self-assurance.
  • Check that the finished app satisfies your quality standards.
  • Limit scope creeps.
  • Spend less money.
  • Make your thoughts known to developers.
  • Rapid development and delivery are available.

What are the Product Requirement Document’s Key Points?

Goals and objectives

The product you want to build, the issue it will address, the fundamental features that will solve significant difficulties, and the individual who will gain the most from the product, in general, are all described in this part. It is just a concise and high-level explanation of the application’s concept that provides the development team with a thorough knowledge of the product.

Product Requirement Document - Determining Objectives
Goals and Objectives Determine What Features the App Must Have

Personas for Users

The developers may design the product through the eyes of the intended consumers. And this reduces the chance of the app rejected by the target user base. It is beneficial to explain the target audience and how the mobile application will meet their requirements.

Functional requirements

Every product requirement document’s core contains a list of all the features included in the product. The comprehensive description contains a map of all the functions distributed over several screens. It also has a priority system that keeps developers and businesses on the same page. It’s also essential to describe the initial set of features and the features that need introducing soon. And this is because it enables product scalability and the replacement of the specified features is a breeze.

User stories

User stories are high-level interactions between end-users and the product that should be depicted to provide developers with an understanding of the technical requirements and help them build a compelling business case. Can you see how? User stories provide mobile app developers with a description of a feature from the viewpoint of the end-user. Therefore, this aids in the creation of the finest content architecture and design. Excellent interface design and user experience may be created.

Sitemap

This document component illustrates a complete list of all the screens that will include different functions. Also, it illustrates the screen flow that will facilitate navigation. The sitemap assists in properly mapping all of the screens. And this is necessary to ensure that the hierarchy between related pages never makes the connection between mobile app screens unclear. Finding superfluous components and user problems becomes a breeze when developing the product’s systematic structure.

Technical specifications

The developers will better understand the technical knowledge needed by the project thanks to the clear description of the technology and technical elements underlying the product being produced and its capabilities. When describing the technical specs of the product, try to be as concise as possible. However, if you are uncertain about complicated technological issues, developers can assist you. So be open to developers’ ideas and criticism.

Wireframes

Another approach to graphically define the app’s product needs is to create wireframes. The wireframes are an additional tool that informs developers on:

1) How will the screens be linked?

2) What and how will features go in?

3) The app’s behavior when a new screen is accessed and its effect on the user experience.

It provides a clear picture of the app’s UI, allowing for wireframes by hand.

Product Requirement Document - Blueprint Wireframes
Wireframes Provide a Clear Picture of the App’s UI

Maintain presumptions

All of the expectations for the product’s success need establishing under the assumptions. They are defined in terms of the market niche’s knowledge, expertise, and experience and the target users’ knowledge, expertise, and experience. Presumptions primarily comprise assumptions about users, business, and technological resources.

Provide constraints

Trends change quickly. Therefore, it may be detrimental to the app if you fail to release an app with critical functionality in the market at the appropriate time. You must guarantee that the app does not miss a major hit. Thus, it’s necessary to establish time, resource, and budget limitations to ensure that the app is developed within the scope and budget specified within the given timeframe. Furthermore, the quality criteria and risk considerations may help the development team deal with problems appropriately.

Considerations for Your Product Requirements Document

You must keep some critical factors in mind while creating your product requirements document. To begin, it is critical to draw on the diverse experiences and perspectives of different team members. Collecting this information will aid in the development of detailed definitions for the various parts of the PRD template.

Second, when you fill out the PRD form, make your answers and definitions for each defined area as high-level as possible. While particular criteria may seem apparent to you, others reading the paper may have a completely different viewpoint. By removing industry-specific terminology, the paper will be easier to comprehend for everyone. As the product develops and needs change, it is critical to ensure that everyone understands what you convey.

Treinetic Can Help You to Make Your App Concept a Reality 

Creating a mobile app requirements document’s ultimate aim is to provide the groundwork for a successful product. Make sure you map out every business and technical need. Also, explain all dependencies, restrictions, and assumptions to give your team the firepower it needs to get your project off the ground. Even with the most comprehensive product requirements document, questions are likely to arise throughout development.

It is critical to constantly concentrate on providing better value to the marketplace while defining the product. It’s easy to get sidetracked by rivals, agitated consumers, and architectural problems. While you must understand those requirements, try to keep the value in mind while developing a fantastic product. Don’t be concerned if these theories seem to be too complex for you. We can help you with all critical steps as an award-winning software engineering firm.

Build your own dedicated software development team with Treinetic@2x

How Dedicated Software Development Team Help Businesses Grow

Why should you employ a dedicated software development team? That’s because the business world is changing faster than ever before as a result of new technology. This transformation has fundamentally altered the way businesses operate at all levels. The big race for an ever-increasing number of businesses vying with one another is to embrace new technology. Hiring a dedicated development team is becoming an effective way of dealing with this.

It is increasingly difficult to rely on an in-house IT staff to research, adapt, and create new technologies. In particular, in a world of rapidly expanding, readily available technology. It may also be difficult and wasteful to recruit new employees whenever new gear or software is introduced into the process. This is a situation in which employee outsourcing may be advantageous.

What Is a Dedicated Software Development Team?

A dedicated software development team is a long-term collaboration model with an outsourced team of developers in which a business and a developers’ team cooperate. This is a very common mode of collaboration, on a level with fixed pricing (FP) and time and material (T&M) models. 

If you opt to set up a dedicated development team, you will have a team of experts that have been hand-picked to work exclusively on your business goals. This team is similar to an in-house team in that they are officially your employees. However, unlike workers, you do not have a specialized staff to deal with administrative, human resources, tax, and social benefits problems. Instead, you may concentrate on higher-level business problems while your development partners handle the rest.

To summarize, a dedicated team model offers you a hand-picked expert team that is only focused on completing a single project. Furthermore, all administrative costs are on their side.

Dedicated Development Team Model
The Dedicated Software Development Model Is Flexible and All-Inclusive

How Much Does It Cost to Hire a Dedicated Development Team?

 It isn’t easy to give exact figures here. But as per Deloitte’s 2020 Global Outsourcing Survey, the main motivation for outsourcing is to save money (up to 70%.) The price strategy for a dedicated team is straightforward. Since you hired a team, each person has a set hourly rate, and you only pay for the hours performed. This is the only item you have to pay for. There are no additional costs for renting an office for a team, purchasing equipment, paying taxes, paying energy bills, and so forth.

Who Is In A Dedicated Software Development Team?

Your company’s needs determine the makeup of your team. Therefore, your development team might include:

  • DevOps engineers
  • Quality assurance specialists
  • Business analysts
  • Front-end and back-end developers, full-stack engineers, mobile developers
  •  UX/UI designers
  • Product managers
  • Project managers

Signs You Should Hire a Dedicated Team

The dedicated software development team approach is perfect for complicated long-term projects that can grow in the future. A professional development team is a good option when your concept lacks the product-market fit and requires a discovery stage.

Startups in their Early Stages

If you’re a startup in its early stages, you’re expected to expand. In this scenario, opting for a dedicated team is a wise decision. This method will easily create a team, save money on recruiting, and develop better products. While your in-house staff is free to focus on business-related activities, the augmented team handles the extra work.

Projects with Uncertain Requirements

A specialized team is a way to go when your concept lacks a product-market fit and requires a discovery stage. Because the discovery stage establishes the foundation for the project’s whole development process, it may take months of testing and interviews to resolve ultimately. The dedicated team approach gives you the time and resources you need to concentrate on the discovery stage without worrying about overpaying.

Long-Term Projects

The dedicated team model is appropriate for complicated long-term projects with the capacity to grow. To fully understand the potential of your project, you’ll need a strong team of developers to help you along the way. You may be certain that the individuals you begin working with will see the project through to completion if you work with a committed team.

In addition, let’s take a brief look at technological behemoths like WhatsApp. They requested the assistance of a dedicated team of developers to assist them in building the iOS app. Apple, Oracle, American Express, IBM, Verizon, Amazon, Doist, Automatic, Buffer, and 10up are among the businesses that use the dedicated team strategy.

Dedicated Software Development Teams for Complicated Projects
Dedicated Software Development Teams are the Best Choice for Complicated, Long-Term Projects

How Can Dedicated Software Development Teams Assist Businesses in Growing?

CRM software, which focuses on monitoring and enhancing company interactions with existing and prospective consumers, is projected to generate more than $43 billion in sales by 2021, according to Statista. These are all huge numbers, and they indicate that you can do well with software development. As such, you will need a dedicated software development team to assist you in growing your company.

Increased Productivity Will Help You Grow Your Business

Because of the fast-paced nature of the software development industry, productivity and speed of work are more important than ever. Having these variables optimized at all times may offer your business a competitive advantage. Hiring specialist development teams may assist you in optimizing these elements of your work.

It can save time and money by outsourcing project components to a competent, specialized software development team. These same developers will be accustomed to working in this outsourced manner, eliminating the need for time-consuming adaptation. They already can adapt to a client’s requirements built into their processes.

These outsourced teams often collaborate on comparable projects. When you employ a dedicated development team, you also receive expertise working fluid, effective, and dynamic teams. This is a critical advantage that you wouldn’t easily or promptly when recruiting conventionally.

Control Over the Project Will Help You Grow Your Business

The benefit of this outsourcing approach is that you maintain complete control over the project. As a client, you may participate in as little of the process as it fits your needs. For example, you might employ a dedicated development team and delegate project management to them. Or, you may employ them and work directly with the team to accomplish your objectives in a more hands-on manner.

These advantages stem from the nature of this outsourcing strategy. You have the freedom to choose the team that is most suited to your project based on the developers’ abilities. Then you always have the option of adding additional team members, taking advantage of a large pool of expertise. A superior team leads to increased business growth in a variety of ways.

No Hardware/Software Requirement

Typically, a business will need to spend significant money establishing workspaces, collecting digital resources, and recruiting the smartest personnel while developing software. This may include both large expenditures, such as office space, and minor ones, such as buying the appropriate software to work with.

However, if you hire a dedicated team, you will not suffer these extra expenses. These teams have already set up their workstations and gathered their resources. You are just paying for their time and skills. You may reinvest all of these extra costs into the expansion of your business. And this is one of the most significant benefits of hiring a dedicated software development team.

Flexibility

The benefits of assembling a dedicated team of developers cannot be emphasized. Because they only concentrate on one project at a time, they can devote their whole attention to it, allowing you to work on other tasks. This adaptability is essential not just for small businesses but also for bigger corporations. The additional degree of team management and control given to a business is a significant benefit.

This implies that if you need to make adjustments or alterations while the job is being done, inform the team, and they will modify and adapt.

Faster to Market

Hiring a team of experts who have been working together for a long time relieves you from the agony of early attrition that freshers experience before gelling. The team members’ familiarity determines the ability to skip the learning curve and come up to speed faster.

A Harvard Business Report has scientifically shown that even a 50% increase in software developers’ team familiarity lowers coding errors by 19% and the budget by 30%.

Faster to Market with Dedicaed Development Teams
You Can Send Software Products to Markets Faster with Dedicated Teams

Your Business Can Win with a Dedicated Development Team Help

In a nutshell, yes. Hiring a dedicated software development team offers much more benefits than drawbacks. You may benefit from these outsourced experts’ knowledge, skills, and experience. You may also save a lot of money using this outsourcing approach since you won’t have to pay for onboarding or legal fees, typically connected with employing new employees. And all of these benefits contribute to the growth of your business in many ways.

Why not employ a dedicated software development team now that you know how they can help your business grow? However, it is important to note that the team’s competency you choose has a significant impact on business growth. This is when Treinetic, an award-winning software engineering company, comes in useful.

Hiring remote teams through Treinetic@2x

Myths About Companies Hiring Remote Development Teams

Are you puzzled by the myths surrounding companies hiring remote developers? Don’t be concerned. We’re here to dispel myths and show you what’s right and wrong. We’re assuming you’ve heard that employing remote developers is a terrible idea. Perhaps you’ve even turned down a promising developer since they don’t live in the same location or time zone as you.

However, the notion that companies hiring remote developers is a negative thing is a myth that may lead you to miss a pool of extremely competent individuals. As evidence, we encourage you to review Remote Work Statistics. Also, if you think working from home is a terrible idea, this CoSo Cloud Survey article may persuade you otherwise. OK, so you’re still dubious about the usefulness of remote developers in today’s workplace. We will debunk the misconceptions so you may comprehend the truth.

Myths About Companies Hiring Remote Developers Busted

Myth #1 Remote Developers Speak English poorly

Let’s start with the most important one. Many remote developers in countries like Europe or Asia do not speak English as their first language. However, this does not imply that they are unable to communicate effectively in English. Professionals from such locations can speak and write English like native English speakers.

However, since English is not often their first language, you will undoubtedly come across developers who speak poor English or cannot communicate effectively with you. But here is where vetting comes into play, which is why, at Treinetic, excellent English is our very first screening test.

Myth #2 Companies Hiring Remote Developers Sump Productivity

Remote recruiting is becoming a sensible business decision for established tech firms of all sizes. Nevertheless, how can you be certain that remote team members will concentrate on their tasks?

According to research by Harvard Business Review, there is good news. Employees who were allowed to work from home for nine months outperformed the control group of onsite workers by 13.5 percent. Furthermore, remote employees were happier and less likely to quit.

Remote developers must confront the same productivity hurdles as their onsite counterparts after being recruited. That is, everyone’s challenge is the requirement for practical development goals, clear communication and objectives, automated tools, and reducing the necessity for debugging.

Benefits of Remote Working
Considering These Benefits, Remote Working Results in Increased productivity

Myth #3: Managing Remote Developers Effectively Is a Tough Job

It all ultimately comes down to the competence of the remote developers you employ. The most competent remote developers can successfully manage their working hours and duties without the project manager hovering over their shoulders. However, this does not prevent you from making them feel welcome and a member of the team. You should arrange frequent check-ins and team calls and keep them socially updated to make them feel at ease.

Myth #4: Remote Developers are Inefficient

Consider the possibility that you are no longer tied to your company’s desk and can work from any place. Now, you don’t even have a boss watching over your shoulder anymore. What would you do in this situation?

If you went home to work right now, chances are you wouldn’t get much done (at least not if you haven’t done it regularly before). Working from anywhere requires experience and acquiring many skills to remain focused, productive, and even healthy. As a result, if you were concerned about companies hiring remote developers due to this “lazy” aspect, you now know what is going on.

Myth #5: Teamwork and Company Culture Will Suffer

There are three types of concerns regarding remote employees integrating into your local work culture:

  1. Remote developers will not share the work ethic of your business.
  2. They will not be held to the same standards as your onsite staff members.
  3. They will never be a member of your team.

When individuals talk about culture in the recruiting process, they generally imply work ethic and moral standards. They, like non-remote employees, need positive testimonies and recommendations from previous employers to advance their careers. Reliable remote developers will typically work hard to earn your confidence and demonstrate their value to the business.

Smart developers are not just technically astute but also socially intelligent and thoughtful professionals. They understand that it pays to be trustworthy and responsible since their success or failure is based on the strength of their reputation.

Remote developers (particularly those with extensive experience) have worked according to various norms and procedures in various settings. They understand how important it is to try and try again to fit into your environment. Therefore, hiring remote developers isn’t a terrible option in this case, either.

Culture for Remote Development Teams
Competent Remote Development Teams Seamlessly Blend with Your Company Culture

Myth #6: Remote Developers Always Over-promise and Under-Deliver

Certain cultures worldwide are more eager to please, and as a result, will overpromise and underdeliver. However, developers from other nations who have worked with international clients for a long time have learned to account for cultural differences and provide accurate estimates, deadlines, and expectations. This myth only applies if you employ someone without thoroughly verifying the developer with whom you work.

This is why, at Treinetic, we subject our developers to a test that expressly looks for this kind of behavior. Each developer is put through a test project that requires them to reset expectations when needs change and verify they understand how to prevent over-promising and under-delivering.

Remote Developer Myth #7: Our Sensitive Data Will Be Unsafe

Given the many security breaches and events that occur daily, it’s understandable to be worried about data protection outside your firewall. The good news is that remote developers worldwide have access to many excellent, low-cost security solutions.

What Could You Do?

You may already have the necessary resources to protect your data offshore. Consider the following strategies:

  • Sign a non-disclosure agreement. It’s an essential aspect of data security and a smart place to start when safeguarding sensitive information.
  • Begin with safe cloud-based services. By providing remote workers with cloud-based applications, they access software and procedures that are often as secure as those used in local operations.
  • Set up security procedures for remote team members. This entails implementing tried-and-true security methods such as two-factor authentication and virtual private networks (VPN). These measures significantly decrease the likelihood of malware infections and security breaches.
  • Describe in detail your security requirements. Ensure that remote team members understand and adhere to your security requirements.

Myth #8: Qualified Remote Developers are Hard to Come By

Not unless you know precisely where to look. The source of the remote development team is directly related to the quality of the contract developers you employ. Through any worldwide remote work staffing site, you may engage individual consultants or contract software developers. An increasing number of outsourcing sites exist to link customers with remote developers.

Many independent consultants and developers use these websites to exhibit their skills and access a large pool of possibilities.

We are, for example, an award-winning software engineering company that promotes a remote work culture. Our development team has worked with both domestic and international customers for many years. Employing remote developers may be a better option for businesses than having in-house teams.

Myth #9 Communication with Remote Developers Is a Nightmare

We live in the twenty-first century, where the Internet connects the whole globe. And there are many communication options for interacting with remote teams, just as there are for conducting day-to-day discussions with in-house teams. Furthermore, experienced software engineering firms like ours have all of the required sophisticated communication tools available at all times to ensure efficient collaboration.

Communication Tools for Remote Development Teams
There are Many Communication Tools Available to Collaborate with Remote Development Teams

Myths Dispelled, It’s Time to Make the Right Choice!

In every physical or remote profession, there will always be individuals who are under-skilled or unproductive. The key is to have a robust screening process in place or a trustworthy partner that can offer you developers who have previously been vetted via a solid procedure.

There are certain advantages to employing onsite developers, just as there are distinct advantages to hiring remote workers. What we’ve come to appreciate about companies hiring remote development is how it brings to light communication, trust, and productivity problems in onsite teams that you didn’t know existed until you brought in a remote element. It’s only a matter of knowing how to manage remote teams effectively like you would have to do with your in-house team. 

Mobile App Redesign

How to Revamp Mobile App Design? – Mobile App Redesign

Mobile app design is highly competitive as the mobile app industry is growing at a breakneck pace. According to Statista, revenue from mobile applications will exceed $935 billion by 2023. Therefore,  it’s not simple to get into this market by creating a popular app. The continuous changes in design trends, user requirements, and preferences make it much more difficult.

Even a fantastic UX design that resulted in excellent conversion rates and app ratings in 2020 may become outdated by the end of 2021. Thus, redesigning or revamping your app to remain relevant and in touch with current trends is the only way for your company to progress.

Why Should You Consider Mobile App Redesign?

Even though change is unavoidable, you must know when to schedule a mobile app design refresh. Depending on your needs, an app redesign may or may not take a significant amount of time and money. However, it will undoubtedly have an impact on your earnings in the future (and company). 

Revamps should never be done on the spur of the moment, and you should always speak with a competent UX/UI design firm before making any changes.

Now, let’s look at some of the warning signals that will righteously lead you.

1. App downloads heading in the wrong direction

If you’re not receiving as many app downloads as you want, you should look at the mobile app’s design. Concentrate on the app’s icon and name, as well as the description and general look. Perhaps the color scheme isn’t appealing enough, the typeface is unappealing, or the illustrations aren’t compelling enough.

2. A high churn rate

Churn rate refers to the number of people that abandon or stop using your app after installing it. Keep a watch on the churn rate, since studies indicate that roughly 79 percent of users abandon an app within the first day, and the figure may quadruple after three months.

The goal here is to keep or have more users rather than lose them. Therefore, if your churn rate is high, you should take a close look at your app’s design and user experience. 

Mobile Apps Retention and Churn Rate
Watch Out for Mobile App Churn Rate and Take Action Accordingly

3. The number of daily active users is limited

Are your app’s users interacting with it daily? No? If user involvement is poor, it may be because consumers dislike the design, believe the app’s functionality is obsolete, or that the steps required to perform any activity are excessive. It would be ideal for exploring an app redesign to make the process easier for your users and the app more user-friendly.

You could also consider releasing new feature updates or bug fixes regularly to keep customers interested and provide them with reasons to keep using your application.

4. A low average visit duration, as well as a low number of screen views each visit

The average session duration of users relates to the average visit time and screen views per visit. Therefore, keep track of how many app screens a user interacts with throughout a session. Both of these will tell you how interested your active users are in your app.

5. The app has a rating of fewer than three stars out of five

A poor app rating of fewer than three stars on the App Store or Google Play Store is a major warning signal. Your app’s rating is a fast way to find out what your users think of your app. Furthermore, the rating of your application will either promote or dissuade other users from installing it.

Mobile App Ratings
Mobile App Ratings Suggest a Lot About You App’s Success

6. The screen flow evaluation report revealed several issues.

Screen flow assessment analyzes and records screen exits, the flow between app screens, and the overall number of user visits to screens. It also aids in the tracking of user interactions or activities in your program. This evaluation is being carried out to determine how people interact with your application. If the evaluation report identifies many issues, it indicates that your app isn’t fine-tuned.

Mobile App Design and Development Trends of 2021-2022

Keeping up with the current trends is probably the most important element of success in this industry. As an award-winning software engineering firm, we are always looking for trends and talking with other tech executives about getting an advantage.

Are you ready for the advancement in mobile app development that will occur in the next year?

The following list is more than a hunch of our own view. We performed fact-based research to identify the top app development trends for 2021-2022.

1. 5G

2. Enterprise mobile apps

3. Voice technology

4. App Clips & Instant Apps

5. Foldable devices

6. Biometric authentication

7. Beacon technology

8. Mobile-first leisure

9. Geolocation-based apps

10. On-demand apps

11. Mobile wallets

12. M-Commerce

13. Wearables

14. Virtual events streaming

15. Internet of Things

16. AI & machine learning

17. AR & VR

When you revamp your mobile app, consider these trends for better long-term results. 

How Can You Optimize Your Existing App and Expand Your Business?

So, now that you understand the significance of app redesign and the reasons for mobile app redesign, let’s look at how you may redesign your current mobile app. Here are a few ideas for improving your existing app to help your company expand.

1. Recognize Your Initial Objectives

Begin by explaining why you’re revamping your app. Is it time to remodel due to changes in user experience trends? Is it time for a makeover since you’ve introduced a new feature? And is it time to revamp since your competitors provide a better app experience? This is where you should begin. 

Once you’ve established the reason for the change, you must keep returning to it throughout the redesign process. Your whole design team should understand why this is important and be dedicated to accomplishing it.

2. Home Screen & Navigation

The Homescreen should offer the user functionality and a path to accomplish their priority tasks and information that matches their expectations. Navigation should be logical and clear, task-oriented, with consistent location throughout. The primary navigation and content should be displayed by default, with additional information concealed and accessible through swipe or touch. When creating the app’s home screen, user-interface design is an essential aspect to consider.

Redesign the app’s home screen, making sure that all of these aspects are taken into account to grow your app’s audience and, as a result, your company via the app.

3. Redesigning the Sign-Up Form

The sign-up page is often the app’s initial impression, and a poor experience leads to a high percentage of app abandonment. Therefore, it should be straightforward to carry out. It should be noted that sign-up forms with more fields on mobile phones take considerably longer to display than on desktops.

Because today’s mobile phone users have limited patience, a long-form that demands unnecessary information may be a turn-off for consumers. Thus, the sign-up procedure should be quick and only contain relevant form fields.

Mobile App Sign-Up Form
Mobile Apps’ Sign-Up Pages Create the First Impression

4. Options for Sharing

People are growing increasingly comfortable with the sharing of personal information through mobile devices and applications. To build trust with users, they should be informed about what information they disclose and when they provide it.

Allow users to choose the audience who will view their posts. This will improve the app’s user happiness and promote the business of your app. If your application lacks these sharing choices, redesign it to incorporate these improved possibilities.

5. The Need for Speed

Working on improving UI responsiveness should never stop, since speed is important to everyone. Even a little improvement in response time increases customer happiness and makes them more inclined to utilize your app. Users need rapid answers from business applications to do their tasks efficiently. Therefore, having fast-working software is critical for increased customer happiness. Always consider the effect on performance while testing new features and expanding functionality.

By improving the features of your app, you can increase the number of app users, which can aid in the growth and marketing of your company. 

We Can Redesign Your Mobile App for Better Results

Treinetic develops award-winning Android and iOS mobile applications that thrill consumers. We have many years of experience creating mobile applications for various sectors and businesses, assisting them in meeting their business objectives. And we will work with you to improve your mobile app design and guarantee that the result fits your company’s goals.

Our transparent procedures will keep you up to date on the status of your project at all times. Why not schedule a meeting with us to discuss your project and see whether Treinetic is a suitable match for your company’s mobile app redesigning project?

Project Management with Jira

Project Management with Jira | How to Do it Right in 2021?

JIRA is remarkably suitable for project management, particularly among software development teams. JIRA is mainly intended for software development, but many project teams have used it as a project management solution due to its Kanban workflow management strategy. There’s a reason behind this. JIRA is a highly useful tool. It is agile-optimized, and JIRA project management provides many advantages and benefits.

What Exactly Is JIRA?

It’s reasonable to ponder, “What is Jira?” It began as an IT tool. But it now has numerous applications, ranging from an IT ticketing system to conventional project management. It addresses the fundamentals of project management with a complete tool suite that includes project planning, task development and administration, and reporting.

The Jira platform supplements agile project management techniques. To get the most out of Jira, use it in combination with agile procedures.

When we gathered for sprint planning and other agile activities, we often projected our team’s Jira task list on a screen. It worked wonderfully to keep everyone on the same page while also simplifying these sessions.

JIRA’s Main Characteristics for Project Management

Jira has many features, and if one of them is lacking, you may add it by going to the Atlassian Marketplace. Third-party applications that complement Jira’s basic features are available in this online store.

The Trello-Jira connection is one example of project management. This functionality enables teams to carry out projects using their chosen tool, and data immediately gets synced across platforms.

Jira’s capabilities are so diverse that it’s hard to list them all, but here are a few highlights.

1. Workflows

Workflows are essential to Jira’s project management features. These Jira workflows describe procedures in your company and govern the rules used to move project activities through the workflow phases.

Tasks, for example, may begin in a pending state. When a team member works on a project, it advances to the in-progress stage until the completion, at which point it advances to the completion stage.

Jira enables you to modify processes to suit the requirements of your business. Also, you may include a review stage if a finished job requires it. Jira includes default workflows to help you get started. But you can also download pre-built procedures from the Atlassian Marketplace.

2. Reports

Reports are essential for all projects to monitor progress and provide valuable insights, including when your project is in danger of scope creep. You can access these facts via several pre-built Jira reports.

You may detect team members overburdened with work, uncover project bottlenecks, and understand how long it takes to accomplish project tasks. Moreover, if Jira’s choices aren’t sufficient, you may create your own reports. Jira provides a variety of reporting tools to help you keep track of your projects.

Project Management with Jira Reporting
Informative Reports are Essential to Measure How Projects Progress According to Plans

3. Automation

Use Jira’s automation engine to seamlessly manage repeated tasks and processes, saving you and the project team time and effort. When you complete a task, you specify the rules that initiate automated actions, such as contacting the project manager. Jira has automation rule templates. Thus, you don’t have to start again from scratch. The mechanism also works with third-party software from the Atlassian Marketplace that you integrate, allowing these systems to synchronize with Jira.

How to use Jira for project management?

Jira provides an extensive set of project management tools. There are features offered for every project stage, from project conception through project execution and conclusion. Along the project life cycle, these five stages highlight Jira’s main features.

Step 1: Set up the project

Set up your project using a Jira template. Templates are a fast method to customize your project depending on your organization’s procedures.

If your team uses kanban project management, choose the kanban template, and Jira will create a default kanban board and processes. You may then modify the default configuration to meet the requirements of your team.

Step 2: Develop a project plan

Every endeavor requires planning. Jira helps you build a project plan for a time-bound project or a development plan for continuous, iterative projects such as software development.  

Begin by defining project tasks in Jira to create your plan. Tasks are at the core of any project. Before adding tasks into Jira, use a work breakdown structure to define the activities needed to accomplish your project.

Tasks are referred to as issues in Jira. They take the shape of digital cards that contain the information needed to accomplish the job:

  • On the card, describe the task
  • Include documents or pictures that clarify or expand on job specifics
  • Assign a high priority to the essential tasks
  • Set deadlines
  • Subdivide big things into smaller jobs
  • Assign each job to a team member or place it in your project backlog to be addressed when the time comes.

After you’ve established your tasks in Jira, you can include them in your project plan, recognizing and mapping interconnections to ensure that these activities don’t become bottlenecks for your team.

Jira has sophisticated project planning capabilities that allow you to combine several projects into a single realistic solution or keep projects independent.

You may also build various project plan versions using the software. This feature enables you to create different scenarios for assessing circumstances, such as worst-case and best-case scenarios for your project.

Step 3: Forming a team

With a plan in mind, it’s time to divide and conquer to begin the execution of the project. Before you may do so, you must add each project member to Jira.

Not every member of the project team needs the same level of Jira access. Some people use Jira to monitor work and accomplish tasks, whereas the Jira administrator compiles Jira’s settings, connections to third-party applications, and other services that need full access.

Jira’s permission systems come into play here. Permission schemes enable you to establish a set of default permissions for Jira users, saving time by eliminating the need to configure permissions for each user manually.

You may restrict specific tasks from being visible to certain people. This functionality is helpful when you hire contractors or other Jira users from outside your organization and want to restrict them from seeing critical business information.

As soon as your team is ready in Jira, give them tasks. Jira allows you to evaluate team capacity to determine if a person’s workload is excessive or insufficient.

Step 4: Tracking

Jira provides many tools for tracking project progress. Time-tracking features allow you to keep track of how long each activity takes. If Jira’s basic time tracking capabilities are insufficient, check out the Atlassian Marketplace for third-party alternatives.

Jira reports offer information about team progress. Are tasks on the verge of missing their deadlines? Is there going to be a slowdown as a result of dependency? Jira’s reporting tools provide answers.

Modify Jira’s default dashboard to emphasize important information about your project for increased visibility and ease. To make the dashboard work best for your requirements, add a calendar view, a pie chart that breaks down status across all tasks, the work allocated to each team member, or switch out components during the project.

Step 5: Finish the project

When a project has met its objectives, and all tasks have been finished, it is time to conclude the project. Jira provides two methods. You may utilize the system’s built-in archive function to shut down a project and remove it from current usage.

Archived projects are no longer editable or viewable except in Jira’s archived projects area.

You may also disable project permissions so that it is read-only, prohibiting users from adding new tasks to a closed project but still allowing you to search for and see things in it.

The Benefits of Using Jira for Project Management

1) JIRA is already being used by the development team, for better or worse. Why use a different platform for project management when the team is already using one? Isn’t it unnecessary to keep everything in two places?

2) JIRA is agile-optimized, and the Kanban technique makes task tracking a breeze. We’ve all heard about how successful agile and Kanban are. When JIRA includes Kanban for task management, why do you need project management software? Just stay on top of the process, and the team will be fine.

3) Cost-effectiveness: We already have JIRA; why spend additional money on another platform to utilize the one we already have?

Jira Pricing Plans
Affordable Jira Pricing Plans for Startups

How Do We Make Use of Jira?

JIRA is a workaround for project management. Budget-conscious businesses or organizations that do not see the importance of good project management may argue, “JIRA is already there, so why not make it work?” But Jira is best used for software development in a dynamic company rather than as a project management tool. Project management is important, and it requires the right toolbox to be successful.

Treinetic seamlessly integrates with JIRA, offering you the best of both worlds. Manage your software development with JIRA and manage the project overall through Treinetic’s solutions.

Software-Development

Things You Should Know Before Starting Software Outsourcing

Why is software outsourcing essential today? Well, in-house software development is excellent since it helps businesses to create and deliver the precise solution they need. But as history has shown, software development takes time, skill, and a sizable budget. In most cases, one of these aspects creates a blocking barrier for in-house initiatives. 

Fortunately, software development outsourcing is a service that may help you achieve your goal within a short timeline and on a limited budget.

How Does Outsourcing Work?

Software development outsourcing refers to an arrangement in which a company hires an outsourced software development firm. And the outsourced development firm completes all or delegated tasks of a software development project more effectively. In other words, the customer company hands over control of a development project to a third-party vendor. And the vendor is more competent in performing the necessary development tasks.

Software application development was the most frequently outsourced IT function, as per 64 percent of those surveyed in Statista’s research on “IT functions outsourced globally 2017,” which polled CIOs worldwide. Indeed, software outsourcing is a significant factor in the worldwide IT outsourcing industry’s ongoing expansion.

As a result of these high figures, the demand for software outsourcing will continue to grow as businesses seek to digitize and optimize their business operations as part of their digital transformation.

What Is the Importance of Software Outsourcing?

Outsourcing is cost-effective, and offshore software outsourcing, in particular, helps reduce development costs. And this leads to reduced market pricing and more competitiveness. According to a recent study, businesses have begun to turn to software outsourcing to accomplish a range of business goals beyond cost savings in recent years.

IT decision-makers and company owners are increasingly using outsourcing to make their organizations simpler and more efficient. Companies that delegate can concentrate on their critical aspects, keeping their long-term strategic goals on track.

Outsourcing Services for Software Development

Web and mobile application development are well-known outsourcing services. And we can compare this to other advanced and innovative technologies like Cloud computing, AI, and Robotic Process Automation. These sectors are gaining traction in the industry and are predicted to impact the future significantly.

Moreover, many software outsourcing vendors present a promising portfolio of services that adapt to customers’ businesses. And they fulfill a wide range of their specific business requirements at any stage of their initiatives and throughout the development cycle.

With software outsourcing, services are provided through remote operation models. And this allows customers and businesses to collaborate with top IT professionals from across the globe committed to their projects.

What are the Different Software Outsourcing Models?

Businesses may outsource their software projects to vendors worldwide in many ways, with development centers located onshore, offshore, or near-shore. Let’s have a look at the specifics:

1) Onshore Software Outsourcing

Onshore outsourcing is the practice of client businesses collaborating with software development teams based in the same country. Onshore outsourcing has the benefit of essentially eliminating language barriers, making communication more manageable. As a result, outsourcing is more successful. But customers may have to pay extra for development expenses as a result.

2) Offshore Software Outsourcing

Working with development teams in other countries is referred to as offshore outsourcing. And because of affordable labor costs and online communication methods (e.g., email, VoIP phones, Zoom video conferencing, etc.), this is the most cost-effective alternative for managing software projects remotely.

3) Nearshore Software Outsourcing: 

Nearshore outsourcing firms serve customers in neighboring countries.

Software outsource models
Choose the Right Outsourcing Model Wisely

The Benefits of Outsourcing Software Development

In general, outsourcing software development allows businesses to:

  • Solve the problems of lowering overhead costs
  • Quickly assembling a remote tech team
  • Shortening the time it takes for a product to reach the market 

The following are some of the appealing advantages of outsourcing software development:

1) Cut development costs and save money on overhead

Customer companies outsource development projects for various reasons, the most frequent of which is to save money on development expenses. They may develop and scale their businesses efficiently and keep up with market demand by sticking to a budget and keeping to it. Consequently, the top advantage of outsourcing software development for companies is cost savings.

Furthermore, by outsourcing work to a third party, businesses may save money on labor expenses, including leave, insurance, and training, while paying outsourced teams at a reasonable rate.

2) Flexibility

Customers may work with software outsourcing firms just when and if they need it. There is no legal need to maintain a long-term contract, unlike permanent employment. And this allows clients the option to pay only for the outsourced project work. And this is particularly beneficial when compared to employing full-time in-house developers all year, whose knowledge may not be required as much once the project is over.

Moreover, cloud computing technology has made it simpler than ever for individuals to work from home or any place at any time. And this paves the way for remote work to become the norm. Human-machine interaction, rather than micro-human management, is becoming more significant in remote offshore work.

3) Increase Profits with a Targeted Strategy

Partnering with a remote development team offers new possibilities as businesses are exposed to various new, evolving, and revolutionary technologies. Examples of such advanced technologies are blockchain, AI, and others, which may help transmit knowledge and best practices to internal teams successfully.

Clients may quickly access a pool of IT expertise on a broad scale. And this allows them to complete projects more effectively while focusing on their core strengths. Suppose the client company is not in the IT sector. In that case, this provides substantial advantages since it enables workers to invest more time in other revenue-generating activities, such as sales and marketing. And this results in increased business growth and productivity.

4) Shortening product development time and decreasing time to market

There is no need for additional time spent on training and onboarding since the outsourced workforce is already skilled. Also, the outsourced team is well-versed in the technologies and tools needed for the development process. So, clients can save a considerable amount of time and speed up the development process. And this is particularly useful in the setting of big companies. The decision-making and approval process may take much longer than usual in multinational company processes.

The Drawbacks of Software Outsourcing

Outsourcing may fail to meet quality requirements, create language/cultural barriers, and pose security concerns. But you can surely avoid these drawbacks by hiring a reputable software development firm with extensive expertise in the field

How can you successfully outsource software development?

When it comes to software outsourcing, a variety of factors affect the probability of success. Among these, there are a few things that businesses should bear in mind, including:

  • Establish explicit outsourcing objectives
  • Participate in project management and work with virtual teams
  • Keep your expectations realistic
  • To give feedback, set goals, and monitor progress regularly

Remarkable Example of Successful Software Outsourcing

The corporations listed below are some of the most successful outsourcing case studies. Please look at how they use remote teams to expand their companies and outpace rivals in the worldwide market.

WhatsApp: The most popular messaging app, which outranks Facebook Messenger with 1.3 billion users and WeChat with 1.1 billion, outsourced its core development, particularly iOS development.

Skype: Did you know that the creators of Skype outsourced the platform’s back-end development to Estonian experts in 2003? These experts are accountable for everything we know and enjoy today.

Alibaba: When businesses began to utilize websites for customer interaction, Jack Ma founded this Chinese global eCommerce technology company in 1999. The company hired American developers to build a website that would appeal to domestic and foreign consumers, primarily English-speaking nations.

WhatsApp outsource software development
Even the Tech Giants Like WhatsApp Outsource Software Development

Why Choose Treinetic for Software Outsourcing?

Treinetic is an award-winning software product engineering company with extensive software development expertise. Our team is committed to delivering best-in-class software outsourcing services for a wide range of customer requirements. And we aim to produce the finest and highest value to our customers through our service outsourcing array of services.
We aim to assist you in determining how beneficial software outsourcing can be for your company and how we can help you get there. Please use the Contact Form to get in touch with us right away.

Treinetic Team

6 Tips on How to Build Your Best Offshore Development Team

We’ll look at what offshoring is, the benefits, and the things to consider when employing an offshore team in this post. Working with offshore teams has become commonplace in the technology industry. Consider the following scenario: you have a massive app development project that your in-house team cannot complete due to a lack of resources. 

It is possible to give further training to your in-house team or hire additional development experts. But the choice is expensive and time-consuming, especially if you are a startup with limited funds. On the other hand, you may opt to go offshore and complete your project on time and at a lower price. But the result will be much better. 

Although cost is a primary factor in choosing offshore outsourcing, it is not always the most important.

What Does it Mean to Have an Offshore Team?

Offshoring and outsourcing are sometimes used interchangeably. But the concepts have different implications. Outsourcing is a business technique in which a third party performs particular company activities under contract terms. On the other hand, offshoring involves a firm delegating in-house tasks to contractors in another country. And you have full control of the business operations and often treat the offshore team as one of its divisions.

Due to skills shortages, the IT industry is one of the biggest consumers of offshore services. Because they outsource parts of their operations, such as customer service and app development, to other countries, some of the world’s biggest technology firms, such as IBM, Microsoft, and Apple, are among the top offshore users.

Outsourcing accounts for 10% of all the business activities of most average IT firms in America, as per the Computer Economics study. App development services are among the most commonly outsourced IT functions, according to the study. Furthermore, 40% of the businesses surveyed said they chose to continue sourcing and to hire offshore staff to grow their outsourcing portfolio.

Microsoft relies on offshore teams
The Tech Giant Microsoft Corporation Heavily Relies on Offshore Teams

Why Do Companies Hire Offshore Software & App Development Teams?

1) Bridge the Skills Gap

For many years, the technology industry has faced a persistent lack of skilled IT workers worldwide. As a result, finding competent software developers is very difficult for small and medium-sized ICT firms.

Furthermore, the demand for developers with extensive expertise in several programming languages such as Ruby, Java, JavaScript, Python, XML, PHP, and Perl continues to be high, pushing the wages of many smaller companies out of reach.

2) Focus on the Most Important Business Aspects

Small-scale IT firms and businesses have fewer resources and in-house personnel to develop online platforms. And this impacts their auxiliary activities. But working with an offshore service provider allows you to concentrate on essential company operations such as planning, managing, and achieving your objectives.

3) Reduced Capital Expenses:

Hiring a service provider saves a lot of money and provides the company with greater operational capital. The firm may concentrate more on core business operations and engage in other capital-related projects using the newly generated cash. So, the company generates more money and profits, enabling it to expand.

What are the key tips for establishing a successful offshore team? Let’s look into that now, as we’ve looked at the advantages of offshoring.

We’ve compiled a list of six important takeaways to assist you in putting together a productive offshore team.

6 Tips for Putting Together a Successful Offshore Team

1) Promote Strong Communication Skills

Communication skills are one of the most important factors to consider while forming an offshore team. And this is because you do not have the luxury of wandering through the office to speak with specific team members.

When putting together your offshore team, ensure that everyone has good communication skills and can comprehend English nuances. Companies must emphasize English since it is the global business language and allows you to take your time during interviews and practical tests. It also makes communication easier throughout the process.

2) Define Your Company’s & Product Visions

Many company owners make the mistake of allocating work items to various offshore team developers at random. One of the most difficult aspects of working with an offshore team is that it creates a fragmented product vision. Or each team member working toward their own little goal.

When dealing with an offshore development team, ensure that everyone on the team is on the same page about your product’s goals and objectives. They can improve their processes and make wise decisions about your project if you provide them with this comprehensive picture of your product vision.

A product vision also allows the team to prepare ahead of time for future work items and allocate resources appropriately. This structure also provides the team with a feeling of security to track the project’s progress.

3) Team Leaders are Essential for Success

Your offshore team should be self-directed through a location-specified team leader. The team leader is in charge of the whole team’s daily activities. One of the most significant benefits of having a team leader is that they understand the culture of their home country. And they can also integrate it into your company’s objectives.

4) Construct a Robust Communication Infrastructure

Successful offshore collaboration requires excellent communication. But it remains a challenge. When working with offshore resources, both sides must feel like they are sitting next to one another rather than halfway across the globe.

Fostering an atmosphere where good communication between offshore and onshore personnel is crucial. It helps counterbalance many of the difficulties created by non-collation as a company seeks to move offshore. You’ll need to use a variety of communication channels to do this. For successful communication, you may utilize many communication channels:

Communication techniques for communicating between an in-house team and a offshore team  include:

  • Email
  • Skype, Slack, and Google Hangout are examples of efficient online chats
  • IRA, Trello, Basecamp, and Asana are examples of productivity tools
Communication for offshore collaboration
Various Online Methods are Available for Effective Communication Today

5) Get Rid of the In-House Staff and their Mindset

Always treat your overseas staff as though they are an extension of your company. They’ll be more motivated to work harder if they feel like they’re part of a large family and have a good working connection with their coworkers and supervisors.

You can maintain close relationships by doing the following:

  • Let the offshore team fully immerse in your company’s culture
  • Align their processes with your company’s goals.
  • Let them contribute to the achievement of your company’s objectives
  • Help them establish a strong working relationship with the onshore staff

6) Appreciate the Offshore Team

Regular communication with your offshore staff regarding project progress, deadlines, and problem solutions should be second nature, as previously mentioned. It’s also essential to keep in mind that they’re human beings. Giving positive comments may significantly enhance their working relationships and productivity, regardless of their location or cultural background.

If they do an excellent job of completing your project on time and within budget, thank them. And if your customers are pleased with the product, make a point of thanking them by informing them of the valuable customers’ feedback.

We Can Put Together an Expert Offshore Development Team for You

Collaboration with remote teams is no longer a pipe dream but a reality. Offshoring is here to stay for organizations, whether they employ an individual in a different part of the city or an entire offshore development firm on a foreign continent.

We are a Sri Lankan offshore development firm with a complete expert team in IT, app development, and software development. Choosing a Sri Lankan offshore team is the most cost-effective choice without sacrificing quality. Please Contact Us right away. With our team of IT professionals, we can put together the best development team for you.

project-management-2061635_1920

Why Do You Need Project Management for IT Projects?

Why project management for IT projects? Well, that’s because overseeing software development, hardware installations, network upgrades, and other IT projects and delivering IT services are all part of IT project management. And, since IT projects are intangible and resources are difficult to replace, managing the necessary project components involved may be a significant challenge for startup companies.

In addition to these typical issues that may lead to a project’s failure, the following variables can harm an IT project’s success:

  • Technology advancements made throughout the project’s implementation
  • Changes in infrastructure that affect security and data management
  • Hardware, software, network infrastructure, and data have unknown dependent relationships

The first-time, first-use penalty, which represents the entire risk a company takes when adopting new technology for the first time, may also derail IT initiatives. Because the technology has never been deployed or utilized in the company before, there are likely to be issues that will jeopardize the project’s success.

According to Statista, the capacity of businesses in the IT sector to develop their services and expand their technical expertise determines their profitability. So, no matter what obstacles you may face, IT project management is critical for even small IT businesses to succeed. 

Project Management for IT Projects: The Five Steps

The project management life cycle comprises five process categories that are common to all projects. The stages of a project, on the other hand, are unique to each project and reflect the project’s life cycle.

  1. Initiation: The project objective, requirement, or issue is established from the start. Then, the project is given to a project manager, and the project charter is established.
  2. Planning: The project manager and the project team collaborate to plan all of the actions required to complete the project successfully. The project planning process is iterative, and planning is essential throughout the project.
  3. Execution: Once the project plan has been developed, the project team puts it into action to produce its deliverables. During project execution, the project may transition to project planning as required.
  4. Monitoring and control: The project manager oversees and supervises the project team’s work in terms of quality, time, cost, scope, risk, and other factors. Monitoring and control is a continuous process that ensures the project meets its goals for each project objective.
  5. Closing: Closure occurs after each phase and at the end of the whole project to verify that all work has been finished and authorized. Responsibility has been transferred from the project team to operations.
IT project manager
The Project Manager Plays a Key Role By Guiding Others

Challenges Faced by Startups  

The five project management steps outlined above may be more than a startup can handle. As a result, when it comes to starting and executing IT projects, startups confront several difficulties. Startups often struggle to find specialized IT project management staff. In many instances, just one manager is available to handle several projects, resulting in work overload, problems, and errors. They may, on the other hand, believe hiring an additional project manager as a part-time resource  is costly, which is a total misunderstanding.

Then there’s the price of premium tools. It’s no surprise that many startups lack the financial resources to invest in high-end software and tools. But in many instances, such expensive tools may be required to do IT project management properly. On the other hand, the usefulness of free tools may not be sufficient to meet requirements. These difficulties may result in partial or total loss. So, finding dependable ways to circumvent them is critical. As well as these challenges, many startups face the following challenges with IT projects of various scales:

  1. Mid-project adjustments
  2. Poor communication between teams
  3. Unclear expectations from end-users, stakeholders, and the business itself
  4. Staying in touch with remote stakeholders

Overcoming IT Project Management Challenges

As previously said, one of the most effective measures to address IT project management issues is to hire a professional project manager as a part-time resource. Many businesses fail due to a lack of experts who can complete the process correctly. But a competent project manager can handle many complexities and minimize the risks. It may also save time and money in the long run. Make certain that the project manager you choose is a master of the subject and knows open-source tools well. So, the manager can train the startup’s staff to use those resources correctly and effectively. 

You can also consider a project management mentor, which is the most successful method of developing competent project managers. Mentors must be experienced project managers who have “been around, done that, completely messed up, and survived to learn from it.” Mentors can assist project managers while they conduct routine duties such as planning, tracking, and problem-solving. Mentors are remarkably helpful during a crisis. 

Communication Is Critical to Successful IT Project Management

According to research, poor communication causes one out of every five projects to fail. Given the organizational and geographic variety of project teams, it’s critical to think about all communication options. With today’s advanced technology, we can quickly connect with team members no matter where they are. The importance of a communication strategy throughout the project planning phases is that it impacts the project’s success.

Active or passive communication techniques are available now.

ACTIVE communication means are those that are utilized at the current time to communicate, such as the usage of:

  • The telephone conference
  • Webinars 
  • Face to Face meetings
  • Video conference
  • Telephone – the good old fashioned call
  • Stand up presentations in person

PASSIVE communication methods are ones that recipients may use at their convenience, such as:

  • Intranet bulletin boards
  • Blogs
  • Website
  • Project newsletter – paper-based
  • Podcast
  • Webcast
  • Email
  • Tabletop presentation

Always utilize a combination of active and passive communication techniques to support one another. And this needs addressing as part of the overall communication strategy for project management.

Communication for IT project management
Effective Communication Is Essential for IT Project Management

What are the Best Practices?

To get IT project management right, you can take a variety of approaches. For example, you can make use of the Agile models. Agile is a software development model that focuses on separating the project into a few iterations. And each iteration will develop and demonstrate an increment in the system. 

Agile models enhance communication, team collaboration, and customer collaboration, which are critical to the project’s success. Scrum, Kanban, Extreme Programming (XP), and the Adaptive Project Framework are examples of Agile frameworks to achieve these principles (APF). Agile’s four primary values are as follows: 

  1. Individuals and interactions over processes and tools
  2. Collaboration with customers is preferred above contract negotiations
  3. Sticking to a plan in the face of change
  4. Sticking to a plan in the face of change Working on software that has extensive documentation

The following IT project management best practices may also be beneficial to startups:

  • Communicate effectively
  • Ask for feedback
  • Create a resource plan
  • Have a kickoff meeting
  • Establish project scope and objectives
  • Create a risk response team
  • Ensure proper documentation
  • Avoid adding unrealistic milestones
  • Review and reflect on the performance
  • Ensure that the project is transparent
  • Expect and accommodate changing requests

We Can Help You With IT Project Management 

The need for IT experts is evident, and you may think of outsourcing your project to an external expert team. As mentioned, this choice can save you time and money in the long run and also result in better project management with no errors. With our broad range of services, we can fulfill your IT project’s requirements, so why not choose us? With our years of experience and top-notch resources, we can help you. Please contact us right now for more information.