The Time and Material Engagement Model is applied for long-term projects with the difficulty of estimating the required resource and the budget. This model provides clients with the flexibility to pay service provider in parts, as defined in the payment agreement. With the help of this model, SNSEpro can extract the best possible solutions for your business requirements. This model mainly focuses on the requirement of clients and provides them with the best possible solution.
The effort analysis for all elements and stages of the product is defined with perception and is charged on pre-agreed USD $22-$34 hourly rate based on the quality and experience of resources involved in the project. To reduce the overall time and cost of the project, a mutual agreement with the client is maintained for the change management to make sure that the changes are implemented in a controlled fashion and are followed for every element until the solution is completely delivered.
With the use of distinct skills of technology and execution path, this model provides solutions for complex business problems.
Offers adaptable and flexible budget.
Pay in parts.
Low risks- as the project development can be altered or cancelled at any step.