TIME
& Material
The Time & Material model facilitates an agile development process. It is simple to understand and provides the following advantages
perfect for large and long-term projects that can’t predict the end product on the initial stages;
opportunity to pay in parts and only for the performed work
flexible and negotiable budget and low risk for both parties
specifications and enhancements can be negotiated during any project stage
client has control over the project, approves or adds any task that will be implemented on demand
development process starts earlier, since there is no need in formulating the final requirements
