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Discovery Phase For Software Development: How Much Does It Cost?

When you come up with the idea of a mobile application or desktop software, you, probably, see its realization in the most bright colors.

When you come up with the idea of a mobile application or desktop software, you, probably, see its realization in the most bright colors. However, the implementation of this idea can bring unexpected outcomes and produce quite opposite results. Why does it happen? Maybe because you missed a Discovery stage in your software production life cycle.

Importance of the Discovery Stage for Software Development

The Discovery or Initiation stage is a complex of methods that allow evaluating the feasibility of a project. Not every project that comes to your mind, no matter how brilliant, is worth implementing:

Impelling Numbers for the Necessity of Discovery Phase

The Mckinsey empirical data witness that large software projects exceed their initially assumed budgets by 45%. At the same time, they do not manage to get that amount of profit they hoped for. The difference is 56% less.

The situation with startups is even worse. Investopedia claims that 90% of all startups close in the first 10 years of their operation. At the same time, CB Insights studies show that 3 out of 5 reasons for startup failures would have been neutralized if the Discovery stage had not been ignored.

Preliminary Steps to Move to the Discovery Stage

Before initiating the Discovery stage of the software development lifecycle you need to perform certain tasks:

Specialists You Need for the Discovery Stage

Starting the Discovery phase, make sure that you have professional resources to do all the necessary work. Otherwise, contact Agilie team https://agilie.com/en/blog/how-much-does-it-cost-to-start-the-discovery-phase whose specialists have the highest possible qualification to perform all the tasks. The following experts should be present in your Discovery team:

What Factors Determine the Cost of a Project

The budget of your Discovery stage depends on the scale of tasks you put before the team:

Calculation of the Costs for the Discovery Stage

The price list for the Discovery stage cannot be universal since it can last from two days to two months. The costs are calculated according to the Discovery type you need and the size of your project. There are two types of Discovery phase:

In general, the Discovery phase will take from 10 to 40% of the whole budget of your software project. But it’s worth it. After all, this stage saves your future costs and increases the likelihood of a significant profit from the project.

Agilie team https://agilie.com/en/blog/how-much-does-it-cost-to-start-the-discovery-phase guarantees that it will take the process of your software development to the highest level. It knows that the success of the end product starts from the Discovery Phase and depends on how much effort you put into the Discovery stage.

Tammie~
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