Time and material billing is a perfect choice when:
- You have a durable project with an evolving set of requirements
- Your project scope is not yet completely established
- Your project requires maximum flexibility for the market situation
- Your project is associated with untested business models.
Time and material billing is a perfect choice when:
- You have a durable project with an evolving set of requirements
- Your project scope is not yet completely established
- Your project requires maximum flexibility for the market situation
- Your project is associated with untested business models.
What are the main advantages of T&M pricing model?
Time and material development is the most common alternative to the fixed-price or dedicated model. Actually, most contracts are based on T&M.
What makes this t&m development model so popular? Here is the answer.
Rapid adaptability
Flexibly adjust the scope, change the focus,
or modify features
Pay as you go
See what has been done and
pay precisely for that
Quick start
The development can start as soon as
the agreement is signed
Hands-on control
Monitor what stage the project is on and how the requirements are met
Budget flexibility
Specifications can be negotiated during
any project stage
Time management
Tight scheduling allows us to concentrate on
what really matters for the project
Want to know about other advantages? Just drop us a line.
What are the main advantages of the T&M pricing model?
Time and material development is the most common alternative to the fixed-price or dedicated model. Actually, most contracts are based on T&M. What makes this development model so popular? Here is the answer.
Rapid adaptability
Flexibly adjust the scope, change the focus, or modify features
Pay as you go
See what has been done and pay precisely for that
Quick start
The development can start as soon as the agreement is signed
Hands-on control
Monitor what stage the project is on and how the requirements are met
Budget flexibility
Specifications can be negotiated during any project stage
Time management
Tight scheduling allows us to concentrate on what really matters for the project
Want to know about other advantages?
Just drop us a line.
How does it work?
Time and Materials contract does not mean that you simply pay for the developer’s time. Contract T&M assumes payment by the fact of work performance.
If to go more detailed, here’s how it works:
Step 1. Overall project discussion
After discussing your business requirements and goals, the project is divided into tasks, each of them will be prioritized and estimated separately so that you have the opportunity to make any additions or modifications during the project development.
Step 2. First task estimation
The project team assesses the first task and gives you the information - how many man/hours are necessary for the task implementation. We provide you with the task estimation, and if you agree with the sum - we start.
Step 3. Development
After signing an agreement, we start the development process. Under the T&M pricing model, the client controls the project. This means that you can have a direct impact on the project during the entire development time.
Step 4. Payment
When the task is completed and you have a visible result - you pay for the work of the team (payment can occur monthly, quarterly, etc. - basing on the pre-negotiated and mutually agreed rate).
Step 5. Moving further
When the first task is done, accepted and paid, we can move on to discuss and evaluate the next task, and so on until the entire project is completed.
How does it work?
Time and Materials contract does not mean that you simply pay for the developer’s time. Contract T&M assumes payment by the fact of work performance. If to go more detailed, here’s how it works:
Step 1. Overall project discussion
After discussing your business requirements and goals, the project is divided into tasks, each of them will be prioritized and estimated separately so that you have the opportunity to make any additions or modifications during the project development.
Step 2. First task estimation
The project team assesses the first task and gives you the information - how many man/hours are necessary for the task implementation. We provide you with the task estimation, and if you agree with the sum - we start.
Step 3. Development
After signing an agreement, we start the development process. Under the T&M pricing model, the client controls the project. This means that you can have a direct impact on the project during the entire development time.
Step 4. Payment
When the task is completed and you have a visible result - you pay for the work of the team (payment can occur monthly, quarterly, etc. - basing on the pre-negotiated and mutually agreed rate).
Step 5. Moving further
When the first task is done, accepted and paid, we can move on to discuss and evaluate the next task, and so on until the entire project is completed.
Most popular services within this model
We offer theTime and Material billing model for all our services, but the most requested are:
Most popular services within this model
We offer Time and Material billing for all our services, but the most requested are:
Check other pricing models
If you don’t feel that Time and Material pricing model suits your needs, check other models we offer:
Check other pricing models
If you don’t feel that Time and Material pricing model suits your needs, check other models we offer:
Why do clients choose Amasty?
No empty words, just numbers
14+
years of experience in
e-commerce industry
1300+
custom projects
delivered
120k+
businesses use
our solutions
1000+
Magento websites supported by our team
Why do our clients choose us?
For us, it is not just a project — it’s a win-win partnership for non-stop growth. The main benefits of the service that our customers like best are:
Why do clients
choose Amasty?
14+
years of experience in e-commerce
1300+
custom projects delivered
120k+
businesses use our solutions
1000+
Magento websites supported by our team
No empty words, just numbers
We know how to make Magento 2 faster because
>300
Websites have been already analyzed and successfully optimized this year
85
Is the average desktop score for the Magento site after we performed the speed optimization service
70
Is the average mobile score, even for highly-customized stores
1s
Is the average time to the first byte loading that our customers get when the project is finished
Why do our clients choose us?
For us, it is not just a project — it’s a win-win partnership for non-stop growth. The main benefits of the service that our customers like best are:
Let’s discuss your project
Let’s discuss your project
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FAQ
T&M and fixed price models differ in project pricing and management. T&M uses actual hours and materials, ideal for evolving projects. Fixed price agrees on a set cost upfront, suitable for well-defined projects. Time and material rates involve hourly labor and material costs, while fixed-price offers a fixed project cost, regardless of hours or materials used.
Common time and material pricing examples include hourly labor rates and material costs like software licenses or hardware expenses. These rates can vary depending on the project and provider, and clients are billed for actual hours worked and materials used, providing flexibility and transparency.