itCraft bills clients for actual work scope based on hourly rates of labor. The current rates are EUR42-48 (USD48-54) per hour blended fee. Invoices are issued fortnightly unless otherwise agreed with the client.

Customers are charged for the number of hours worked on their project based on a 7-hour effective workday (1 hour is taken for internal meetings, training and other activities which are not billed to the client).

Software project cost estimation – example

graph

Working in Agile Scrum allows greater flexibility, agility and the opportunity to adjust requirements, shift directions, replace features, and involve users to get the very product they need.

The pricing is highly recommended for projects with dynamic requirements, projects where the full scope is not defined, and those requiring flexibility to changes in scope and requirements.

How does itCraft estimate the app development cost?

Our technical analysts gather all the information received from you and prepare a list of major functionalities/main modules of your app. Then the complexity of these modules is estimated and translated into the number of hours required to develop them. This is based on our experience creating similar applications and a thorough analysis of your requirements.


Familiarising yourself with the idea of User Stories and presenting your requirements in this form will speed up the process of app development costs estimation and conform with Agile development processes in itCraft.

Can I get my project estimated and how do I do that?

Estimation of your project’s cost is one of the initial phases of establishing cooperation. Once you drop us an email to hello@itcraftapps.com or fill out the contact form on our website, we will provide you with a set of questions regarding your mobile or web project and set up an online meeting to discuss details. To ensure confidentiality, we can sign a Non-Disclosure Agreement before you give us any sensitive details.

What do I need to provide for accurate estimation?

After signing an NDA to protect your idea and any intellectual property that will be disclosed, we will ask you to provide a description of the application. The more details you will be able to give us, the better our understanding of your needs and requirements. Please send us any documentation you might have regarding your project and a description in your own words of what your app is going to be. If you have any UX/UI mockups prepared, they will be a great help as well.

What is included in the mobile app development estimate?

Your estimate will be sent in the form of a slide presentation and will include the following:
1. The team composition for your project
2. Proposed schedule of work incl. start date
3. Estimate of: the number of hours and the overall cost of your development
4. Choice of technologies to be used
5. Additional info about itCraft (portfolio etc..)

Do the rates vary according to the type of work performed?

The hourly rates depend on the team members’ competencies, seniority level and the technology proposed for your project. The hourly breakdown in the estimate will show the rates charged for particular team members’ work.  

Software project cost estimation – example

In the table below you will find complete examples of 2 projects – small and large size. The estimates, pricing, and labor breakdown are based on actual projects completed by itCraft. Both examples represent Time&Material billing model in Scrum methodology.

Still not sure how much
your project will cost?

Use the button below and let us know what you need.

Small

Team & Work Estimation
Team Leader, Scrum master
Senior
Day cost
€336
Month 1
4
Month 2
8
Month 3
4
UX / UI Designer
Senior
Day cost
€336
Month 1
10
Month 2
2
Month 3
2
Android Developer
Senior
Day cost
€336
Month 1
5
Month 2
20
Month 3
10
iOS Developer
Senior
Day cost
€336
Month 1
5
Month 2
20
Month 3
10
QA Engineer
Regular
Day cost
€294
Month 1
5
Month 2
11
Month 3
6
Summary
MD Summary
Total
122
Month 1
29
Month 2
61
Month 3
32
Estimated cost per month
Month 1
€9534
Month 2
€20034
Month 3
€10500
Estimated cost total
€40068
Team
Work estimation (days)
RoleExperienceDay costHourly RateMonth 1Month 2Month 3
Team Leader, Scrum master
Senior
€336€48484
UX / UI Designer
Senior
€336€481022
Android Developer
Senior
€336€4852010
iOS Developer
Senior
€336€4852010
QA Engineer
Regular
€294€425116
Summary
MD per month296132
Estimated cost per month€9 534€20 034€10 500
MD Total122
Estimated cost total€40 068

Medium

Team & Work Estimation
Team Leader, Scrum master
Senior
Day cost
€336
Month 1
8
Month 2
15
Month 3
13
Month 4
10
UX / UI Designer
Senior
Day cost
€336
Month 1
20
Month 2
1
Month 3
1
Month 4
1
Backend Developer
Senior
Day cost
€336
Month 1
8
Month 2
20
Month 3
20
Month 4
10
Android Developer
Senior
Day cost
€336
Month 1
2
Month 2
20
Month 3
20
Month 4
15
Android Developer
Regular
Day cost
€294
Month 1
0
Month 2
15
Month 3
10
Month 4
8
iOS Developer
Senior
Day cost
€336
Month 1
2
Month 2
20
Month 3
20
Month 4
15
iOS Developer
Regular
Day cost
€294
Month 1
0
Month 2
15
Month 3
10
Month 4
8
QA Engineer
Senior
Day cost
€294
Month 1
5
Month 2
20
Month 3
15
Month 4
20
Summary
MD Summary
Total
367
Month 1
45
Month 2
126
Month 3
109
Month 4
87
Estimated cost per month
Month 1
€14910
Month 2
€40236
Month 3
€35154
Month 4
€27720
Estimated cost total
€118020
Team
Work estimation (days)
RoleExperienceDay costHourly RateMonth 1Month 2Month 3Month 4
Team Leader, Scrum master
Senior
€336€488151310
UX / UI Designer
Senior
€336€4820111
Backend Developer
Senior
€336€488202010
Android Developer
Senior
€336€482202015
Android Developer
Regular
€294€42015108
iOS Developer
Senior
€336€482202015
iOS Developer
Regular
€294€42015108
QA Engineer
Senior
€294€425201520
Summary
MD per month4512610987
Estimated cost per month€14 910€40 236€35 154€27 720
MD Total367
Estimated cost total€118 020

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