Different Types Of Outsourcing Contracts | Your Project Outsourced

Hello and welcome to our YouTube channel! 👋

👨‍💻In this series, Przemek is going to cover all the essential information about outsourcing your project to an external partner (like INVO), and key things you need to be aware of when you scale up your team this way. If you’re a founder, a technical lead, or a product manager who wants to create or scale up your digital product, this series is for you!

Chapters:
00:00 Intro
00:34 Why Does It Matter?
01:15 Key Areas Of Your Contract: The Scope
01:35 Key Areas Of Your Contract: Flexibility
01:54 Key Areas Of Your Contract: Budget
02:00 Key Areas Of Your Contract: Responsibilities
02:48 Time & Material Contract
04:21 Time & Material Pros And Cons
05:06 Fixed Price Contract
06:21 Fixed Price Contract Pros And Cons
07:36 Staff Augmentation & Dedicated Teams Contract
08:52 Staff Augmentation & Dedicated Teams Pros
09:26 Summary
10:13 Outro

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INVO is a software development agency based in Poland. The INVO team is made of the best specialists in their fields. We only work with people with expert knowledge and creative minds who are goal-oriented and understand business.