Time and Material
A pricing model that support Agile development; Pay only for what is consumed
Time & Material (T&M) is the model that considers only the cost of resources: contractor’s salary, cost of materials and in some cases the average for the fixed charges – the value and scale of the project can be evaluated only as a draft. … This type of contract blends well with the cost-effective practice.
If you cannot scope your entire project at the outset, time and material is your best option.
When PAYOTEK Digital engages with you on a time & material basis, we allocate teams and other resources per your project requirements.
You only pay for what is consumed, which offers greater flexibility in resource utilization. Thus it allows you the opportunity to balance the team size and workload, which can prove cost-effective in the long run.