Time and Material (T&M)

Pay only for

The expenses you incur!

Software development involves a lot of parties working on different components towards a common objective. To make this process more innovative and profitable to all parties involved, JTSi offers Time & Materials contracts. So what are T&M services at JTSi? In this approach, the unit costs are determined by taking in to account the labor and material costs. When clients have uncertainties regarding estimating a particular project’s cost or when the project development can be affected by a number of factors, that is when they approach JTSi for T&M contracts.

T&M allows more control over the progress and cost. For this reason, it has an exponential growth in trajectory of demand and JTSi is being approached by more and more clients in need for this contract. In the usual context, when there are too many changes to incorporate, the expenses will go up and that is why T&M services of JTSi is preferred to other regular approaches.

Through T&M services, the work delivered is paid on time. The software development routine is elevated with this methodology and the technology environ is getting a new façade in the changing business setting. One of the biggest advantages of T&M contract is the precision with which the final product can be delivered. Clients need to pay only for the actual time spent on development and the actual quantifiable work accomplished.

Time and Materials agreements are great when

  • Funds for the project are flexible and negotiable
  • Risks involved are low for both clients and services providers
  • Payments in fractions are made only after a task has been completed
  • There is no way to determine the expected final product in the early phases of long-term projects, T&M contracts are the most useful
  • Tasks are added or reduced by the client with respect to project progression, i.e. the client has the authority to do so

T&M are suitable for short or long term projects and has the provision to add any enhancements and modifications as and when required. Most advantageously client will have the control and need to pay only for the authentic tasks that have been achieved by the team.

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