The consulting team, on the receipt of Research Request, creates an RFP (Request for Proposal). The RFP
defines the scope of the project, effort, time and cost estimates. The research team, while working on
a project regularly updates the clients on the development of the project through mails and conference
calls. Interim and final deliverables are sent at the pre-determined dates and projects are closed after
the client gives the final approval.Koncept’s approach to analysis is a five-stage process: