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HOW TO EVALUATE THE PROJECT

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EXB Soft
HOW TO EVALUATE THE PROJECT

If you are already short on time and resources, evaluation may appear to be an unnecessary extra task. However, it can save you time and resources by keeping participants focused on and working towards the project's ultimate goal. It can refocus activity away from unnecessary work if necessary. To begin with, evaluation by project or organization members will assist people in controlling their daily work. It calculates the efficiency of the work schedule. You'll also see whether the project is progressing steadily and successfully toward its goals and KPIs or if it's heading in the wrong direction.


The most important thing to understand is that most software applications behave similarly to humans. They must breathe and eat. If you want to build a SaaS-type platform that people will pay for on a regular basis, you should immediately discard any notions of a platform that "has an end." This means that the platform will no longer be able to function indefinitely. And you can't fire the entire development team after the platform goes live.


Users are willing to pay for an evolving platform with all the latest integrations with third-party services, so platform subscriptions work. They must ensure that the platform supports payments and features that no other market competitor can match. When development is halted, the market continues to expand. Some things begin to lose their significance. Starting with the application's structure, moving on to its features, integrations, and even the application itself.


As a result, it is critical to avoid errors that can be associated with the evaluation of the "finished" product. Because there is a possibility that this product will never be truly ready. The most important thing you can do is concentrate on the first major stage, the MVP or first launch.


MVPs — estimate the initial development phase

Understanding the fundamental functions of a specific application will assist you in determining what should be included in a minimally viable product or on the MVP platform. This will greatly assist you in assessing the initial development phase as well as what will be required later to bring the app to the market and monetize it in the future.


If you only leave the platform's core components, you can easily get it into production in a matter of weeks or months, not years. When the platform goes live and users begin interacting with it and providing feedback, you may discover that some of the "core" features are no longer required by your customers. You will save time and money by not developing features that are unnecessary.


The primary benefits of the onsite model

There are applications for every budget in the world of software development. Every development company will be upfront and honest about their T&M pricing. Good development firms do not defraud clients and do not purposefully prolong development beyond what is necessary. This is a tough market, and any reputable software development company will go out of business quickly if they overestimate a project or fail to deliver on time.


By naming your approximate budget in advance, you save a lot of time and energy. This makes it easier to see if it's within the scope of the first development cycle. Also on the subject of timelines. If you must meet strict deadlines, such as completing the MVP for a presentation to investors or before the peak season for your specific business. In that case, it's best to mention it ahead of time so that the development firm can account for it when assembling the team.


If you are concerned that the firm is using this information to increase its own profits, you should start the conversation by asking what the development firm's minimum contractual commitment is. Most reputable firms have this as a minimum contractual obligation that they will consider at the start of any new client relationship.


This will allow you to know the initial price for a specific service without having to provide additional information. If this minimum commitment is not within your budget, you will be able to move on to other options rather than becoming bogged down in the suggestions of a company representative.


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