Time & Material

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Time & Material

Commonly Used For Projects With Evolving Scope

This model is for teams working virtually who are more tuned to work on long-running projects with sporadic requirements, no proper set of instructions, and fluctuating amount of work. If there is no clear indication of the final cost in the initial stages of the project or if the client wants to change the leadership of the project, the Time and Material model works best to cater to such needs.