About WaferWire

We propose following three common approaches:

Fixed Time Fixed Cost model

We offer our customers a low-risk option with our Fixed Time Fixed Cost model when the project scope and requirements are well defined and documented. Based on the complete business requirement, we define the exact scope of the work document (SRS Document) that contains the required effort and tasks to be executed. We adopt a milestone-based and phased approach that includes analysis & requirement gathering, design, development with unit testing, system integration with testing and acceptance and release to production. The development commences after the SRS document sign-off by both the parties. Any scope changes after the SRS document sign-off shall be taken care of under the change management process and will be commenced only after the completion of the initial project scope.

Time and Material (T&M) model

When the scope, specifications and implementation requirements for the complete project are not clear, T&M presents an attractive option. It is helpful in case of

• Variable project scope
• Anticipation of many changes after or in between initial development review
• R&D or experimenting on a critical task where there is no surety of the time duration for which it can continue

In such scenarios, this model is helpful to maintain the budget and project delay where the client sets task priorities, define milestones and allot tasks to the project team. We provide a weekly status report to the client for the work performed by individual team members.

Dedicated development team

A client can hire our professional resources either as an entire team or individuals for a complete project execution where our resources work based on the client project management direction.

Methodology

• Sign-off on Scope agreement definition and project duration
• Key team members identification
• Approach definition to understand client requirement, business process standards, IT environment and communication
• Defining strategy and project execution
• Set-up of IT environment based on project requirements
• Training the project team (if required)
• Starting development based on the execution plan
• Defining a reporting system for project status tracking and communicating to the client
• Deliverables review
• Project deployment, implementation and training

Apart from project development, we make a contract for testing, maintenance and client support under this model.

We offer solutions using any of the following three project execution models -

Agile model

Agile methodology is beneficial to manage changing priorities, enhance team productivity through daily task allocation and better project visibility due to its following inherent aspects –

• Scope flexibility based on the new requirements
• Breaking down work in small cycles (e.g. Sprints in Scrum)
• Closely working team with a clear vision and responsibilities
• Iterative enhancements in terms of frequent reassessments to make the final product better
• Close engagement of the customer in development and change requirement

Waterfall model

The Waterfall model is recommended for small to medium projects when requirements are clear, well-understood and not likely to change. This model has defined sequential stages (requirement analysis, design, implementation, testing, deployment and maintenance) with the defined result and process flow. The model offers the ease of understanding, project management and classify and prioritize tasks.

V-shaped model

The V-shaped model offers ease of management with phase-specific deliverables and review process and helps track defects proactively at an early stage. It is followed when the requirements are clearly defined and not likely to change.

This is not the complete list of methodologies we follow. With our customer-centric approach, we offer quality solutions based on the SDLC preferred by our client.

With a progressive mindset, we at WaferWire believe in constant improvement and innovation and take multiple steps towards maintaining and growing our intellectual property.

• Training and certification - We invest in training and certification of our resources to ensure to keep them abreast of cutting-edge technology and solutions.
• We drive innovative thinking by conducting Hackathon events.
• Proof of Concepts – We not only learn and master new technologies but also create POCs based on our technology adoption and incorporate learnings in customer solutions.
• With a growth mindset, we believe in continuous learning and creating innovation and business value with small consistent efforts that make a huge difference over time.