TIME AND MATERIAL TEAM
TIME AND MATERIAL TEAM
In the Time and Material (T&M) Team model, clients are required to pay for the resources allocated for the execution of a task. This model is particularly suitable for short-term projects or projects where specifications may change or evolve during the course of the task. The client pays based on the allocated resources and can closely monitor the project’s development. This model ensures that quality is not compromised while maintaining a focused approach to completing the task within the defined timeline.
MODEL APPROACH:
The T&M Team model follows a structured approach that involves various steps, including pre-specification, problem identification, framework design, and documentation. As the project progresses and specifications evolve, continuous technical support is provided. Clients are charged on an hourly or weekly basis for shorter assignments, ensuring convenience and flexibility.
ADVANTAGES WITH T&M TEAM MODEL:
- Flexibility for application revision: Clients have the flexibility to revise the application during the course of the task, allowing for adjustments and improvements as needed.
- Cost optimization: The overall cost is optimized as the client pays for the specific resources and hours utilized, eliminating any unnecessary expenses.
- Realistic timelines: Experts set realistic timelines for task completion, ensuring efficient resource allocation and project management.
- Tailor-made solutions: The model offers tailor-made solutions to suit the specific business needs of the client, ensuring a customized approach.
- Resource allocation flexibility: Clients can easily increase or decrease the resources allocated to the project and pay accordingly, providing scalability as needed.
- Effective communication: The T&M Team model emphasizes effective communication between the client and the development team, ensuring a collaborative and transparent workflow.
- Regular work reports: Regular work reports are generated to keep the client informed about the progress of the task, facilitating transparency and accountability.