The topic of the time & materials pricing model is becoming a frequent topic in business conversations. Especially between software development vendors and their clients. If you are the later, you are wondering whether going with the time and materials model is worth the risk. A cooperation that does not clearly specify the final development price may indeed sound like an uncertain investment.
Posts tagged "estimation"
Recently, many software development agencies have switched from Fixed Price to a Time and Materials method of billing. Reluctant customers are still quite apprehensive about the idea of no final price being agreed upon at the beginning of the outsourcing partnership. Especially those with no technical background. Or the ones who just started their adventure with software development. Thus, suggesting a Time and Materials pricing model is a challenge. Even when it’s proven to be much more profitable for the ordering party.
How much does it cost to publish an image on the web page? The answer is “It depends on your budget.” Unfortunately, this phrase is the usual answer to most questions regarding the costs of IT projects.