Development cost calculation
When choosing an electronics development company, the customer first of all requests commercial proposals from several possible contractors and receives various price proposals. It is obvious that the approach to the evaluation of development projects in different companies can differ significantly, as well as the reliability of the evaluation, as well as the declared planned and final cost of development.

A full assessment of the project for the development of electronics, a digital device involves the study of the technical specifications provided by the customer, or technical requirements and the preparation of a sufficiently detailed development work plan, including the working hours of various specialists, the purchase of necessary components, the production of evaluation and test tools, the production of prototypes, etc. In some cases, it is not possible to reliably estimate the cost of the entire development project at the stage of preliminary acquaintance with the project. For example, first it is necessary to develop an algorithm that provides the required functionality of the device, and based on the requirements of the algorithm and taking into account other restrictions specified by the customer, plan and evaluate the development of a hardware and software solution.

Collaborating with customers from different countries and performing various electronics development projects, based on their own experience and available data, our specialists are able to calculate the order of development costs without resorting to a full project assessment. Or in cases where the customer does not yet have either a full-fledged technical assignment or complete technical and functional requirements. In cases where the order of figures corresponds to the customer's expectations regarding the cost of development, we evaluate the submitted terms of reference, technical requirements for the technical system. The assessment is carried out by an expert group, which includes developers and engineers with different specializations. The result of the evaluation process is a commercial proposal, which includes a work plan, budget, clarifying questions.
08.10.2019