Time and Material
Time and material pricing model is best suited for projects where the scope is not clearly defined and requirements keep changing dynamically during the onset, mid stage or implementation process. This pricing model allows clients to take control over the development progress and cost, instead of taking a guess and facing additional overpriced changes leading to disappointment.
If you are looking for complete transparency and wish to explore opportunities coming in the way of development and implementation, time and material is the most apt model for you. It offers a high degree of flexibility to modify project specifications, try and experiment with new activity and make changes to the number of project resources depending upon the client’s evolving requirements, over the project lifecycle.
Under the fixed price model, we help you to reap maximum benefit by predefining the project plan, deciding its priorities and laying out a detailed execution strategy. This pricing model is most appropriate for small and medium size projects wherein all the specifications and requirements are predefined, right before the start of the project development.The term fixed price is a phrase used to mean the price of a good or a service is not subject to bargaining. The term commonly indicates that an external agent, such as a merchant.
The term commonly indicates that an external agent, such as a merchant or the government, has set a price level, which may not be changed for individual sales.