Foyens
Engagement Model
Engagement Model
Time & Material (T&M)
With the time and material engagement model, clients' costs and schedule will vary depending on their specific requirements and on the complexity of the project. This gives client maximum flexibility, allowing them to make substantial revisions to their project even as it is being developed.
The typical Features of this model are:
- Single Standard rate - X$/hr - irrespective of resource used
- Ideal for Small jobs/Tasks based approach
- Client involvement is more
- Less expensive than fixed
Advantages to client:
- More control over implementation
- Good when evolving requirements
- High flexibility
- Analysis is involved
- Less expensive than fixed

