PERFORMANCE BASED PROJECTS

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Miracle Group’s commercial terms are aligned with the business goals specified by our clients. Our contracts include performance-based project and are designed to reward the achievement of desired results.

Terms are based on an outcome to satisfy the project stakeholders

We always remain true to our mission and do everything to deliver maximum business value. Due to outcome based terms and alignment areas included in our contracts, we share the project risks:

Rewards in the case of early completion – Our clients and Miracle Group both receive incentives upon completion of the highest value features and early deployment of the system.

Share risks and rewards - At Miracle Group incentives are linked to the attainment of specific performance metrics.

Flex-agility (variable score with fixed price) – to create maximum alignment with our clients, part of our fees are linked to the emerging business value outcome. At Miracle Group we know project risks and modifications should to be expected.

Jointly sharing project risks

With the contracts based on performance, project stakeholders can actively assume and mitigate risks:

Business units establish strategic objectives and manage the business risks.

IT & operations staff translate business needs into technology strategy and architecture.

Miracle Group provides technology leadership and delivers solutions with maximum economic impact.

Miracle Group’s commercial terms are aligned with the business goals specified by our clients. Our contracts include performance-based project and are designed to reward the achievement of desired results.

The Major Sources of Risk:

  • Rigid development practices assume complete specifications, as well as rigid business priorities.

  • Focusing on measuring success through function/feature delivery and not economic value.

  • Conflict of interest when contracts do not include risk allocation or performance incentives.

How Do We Manage Risks:

  • With our flexible approach, we assume that the project specifications might change.

  • At Miracle Group, our main focus is to provide high ROI for your clients as soon as possible.

  • Our performance based contracts and risk mitigation practices ensure the smooth cooperation between the company and the client.

Miracle Group Guarantee

Expenses from the most recent iteration (maximum two weeks) are waived in the case that a client
shows dissatisfaction with deliverables. Our company will be notified within one week.

Why do Clients choose Us ?

Our Expert Developers
Project Governance
Competitive Pricing
Agile Development Practices
Performance Based Contracts
Seamless Communication