Project Base VS Time & Materials, What is good for you?
1) Project-base
- understand the requirements
- fixed scope
Project-based development is a traditional way of developing software. It will assess the entire scope of work (man hours, technical materials, associated framework, and so on)
There is a firm deadline and a set budget. As a result, it is ideal for projects with specific goals and objectives. as if you were a contractor ready to start work on the defined scope.
2) Time & Materials (T&M)
- wages depend on time
- customized as needed
If you have an idea but no explicit requirements, The T&M model is the preferred option for the project. That depends on how much time and resources are spent. This is common for huge projects with intricate architecture. Because you may select any materials, skilled personnel, and ongoing assistance you require.
The ability to work within strict requirements, intervals, and budgets is the most important component of projectbase outsourcing. If you desire flexibility, adjustable features, professional personnel, and a long-term contract, T&M is affordable for you.
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