MindVision's Share the Risk Guarantee

The biggest worry in software development is cost blow out. Unless you are big business, you simply cannot afford for it to happen. That's why MindVision offers a Share The Risk Guarantee.

It's quite simple. If our estimate proves to be low, then all work over budget will be done at half-price.

Think about it… it is a plan that encourages MindVision to be as accurate as possible with its estimates!  Of course, for us to guarantee our estimate in this way it has to be based on a reasonably detailed functional specifciation.

MindVision's Share the Risk Guarantee is designed to protect our clients and give them peace of mind.

Budget Discipline

It is normal in a software project for all kinds of "great ideas" to emerge during development. The trouble is that without discipline, the overall project cost can easily get out of control if these ideas are all implemented.

At MindVision we believe in budget discipline. If new ideas from you or your staff (or ourselves) threaten the budget we will talk to you to work out a plan. Sometimes we will agree on a small budget increase. Other times we will agree on some features that can be deferred until a later date in order to stay within budget.

The benefit to you is a peace of mind with no nasty surprises!

Clear Ownership

Ownership and copyright of finished software is very important. At MindVision we strongly believe that what you pay us to create for you, should belong to you. Surprisingly, that is not the usual way of things. At MindVision we want your ongoing business because you like us - not because you are locked into a contract or licensing agreement.

Our clients are always free to take the source code we have developed for them and engage someone else look after their needs. In business, it's important to know that you always have the choice.

MindVision's Time-Based Billing, Share The Risk Guarantee and clear ownership policy combine to ensure the best outcome for your software project with the maximum peace-of-mind.

Time-Based Billing for an outcome focus

Throughout your project, MindVision will render invoices on a weekly or fortnightly basis, based on actual work completed. There are many benefits to this approach including:

• Invoices are a true reflection of actual work and all work invoiced can be evidenced easily on request.
• Our invoices keep you, as the client, aware of how much (or how little) work is actually being done on your project. This means that MindVision can't put your project to one side while working on something else.
• Time-based billing keeps the project "outcome focused". All effort is on achieving the end result rather than debating whether something is "in scope" or "out of scope" and therefore chargeable.
• Because all actual work is charged, there is no need to build in the "budget padding" that is normal in a fixed price model.
• Smaller, more regular payments help our cash flow and yours.