Short answer: gather prices from several companies and start working with the one which does not charge you a lot from the start and gives you resources phase by phase.
Should I define project requirements?
Do not waste time trying formulating requirements yourself – anyway you won’t make it in the proper way. Furthermore it takes a lot of time and you have business to run. Better hire business analyst and then designer, you will tell them key concepts and they will ask clarifying questions and make specifications and layouts usable by developers later.
Should I evaluate past portfolio or validate references?
So you go to the company portfolio and see lots of random mobile apps there. You now nothing about these pieces of software, how do they perform in production, how stable they are, how many bugs they have, how much money or time overhead there were during project execution time or even do these projects exist (it could be just sketches). So it won’t give you any concrete information.
Should I interview dedicated team members?
Short answer – no, and you won’t be able to. Interviews take a lot of time, and you must have your own experts to conduct technical interviews.
How much does is cost to hire Dedicated Development Team?
Prices vary dramatically. European and American companies charge a lot. Firms from India are cheap but produce unsupportable code and are afraid of complex tasks. Firms from Eastern Europe have the best value for money.
Most of companies try to sell the whole team at the very beginning provoking huge expenses from the day one. It is absolutely not necessary – on early stages of project 1 designer and 1 analyst is enough.
Role | Month rate |
Developer | 4000$ |
Quality Engineer | 2000$ |
Business Analyst | 2000$ |
Designer | 3000$ |
Project Manager | 4000$ |
Project scope estimates
Small project (1 developer for 4 months) | ~16k$ |
Average project (2 developers for 6 months) | ~48k$ |
Big project (4 developers fro 12 moths) | ~180k$ |
Should I hire in-house development team?
No. Hiring process is very complicated, there is lack of people on market that can fulfill work indeed.