When you have detailed specifications and project requirements are not likely to change mid-development. The same goes for projects with limited budgets or strict deadlines. The most frequent use cases for this approach are short-to-medium projects done within several months, like MVP development or a pilot project at the start of long-term cooperation.
Due to transparent pricing, the budget can be formed before the development even starts. Clear specifications remove the risk of misunderstandings, so the software is developed according to plan, without mid-project changes, while the process requires less management overhead for you.
Before starting the development process, we conduct a series of in-depth interviews with you to discover all the nuances of the project. Together with our team, you define use cases, create user stories, and prepare wireframes and mockups to help visualize the future user interface. The deliverables here include a detailed technical specification, estimates, development roadmap, and a clickable prototype. After that moment, these cannot be changed without a major disruption to a project, which will require repeating the process again.
With the fixed price model, your project scope and budget are immutable. This is perfect for small and medium-sized projects, as all the details are set in stone before the development starts, and the process follows precise time and cost estimates. This is the best approach when using the Waterfall methodology.