Mis on T&M (Aeg ja Materjalid)?

T&M (Time and Materials) — is a pricing model in projects where the client pays for the actual time spent by specialists and the materials used.

Features of T&M:

• Payment based on actual time: the client pays for the hours actually worked and the resources purchased.
• Flexibility: suitable for projects with undefined requirements or changing tasks.
• Risks: the client bears the risk of exceeding time and materials.

Example: if a developer worked 40 hours at a rate of $50 per hour and used software licenses worth $200, the final amount will be 40*50 + 200 = 2200$.