Time & Material Model
The Time & Material model is a common way to cooperate in part time projects these days. It is very successful for different types of supported projects between active development phases, though it has a number of limitations.
Benefits
- Tasks implementation on demand
- Minimal scope and well predictable budget
- Pay as you go
Limitations
- Highest rates
- No guarantee for resource allocation in time
- Slowest tasks implementation speed
- Minimal time block is 20 hours
Management model
Best fit
- Projects on maintenance after the end of active development phase