Time and Material

Time and material (T&M) is a flexible yet highly effective cooperation model in outstaffing. If your business does not need to hire full-time developers, architects, or designers but faces high-complexity tasks, our senior experts will help you find the solution, working on an hourly basis.

Developing custom solutions for our clients in FinTech, EdTech, retail, and other domains we have successfully delivered 100+ projects for our partners worldwide. People have always been the key success indicator of our results!

The Benefits Of The Time And
Material Model

The time and material model is easy to understand, and it provides significant advantages. It is commonly used in an agile process of development.
The model allows the budget to be flexible and helps predict risks for both parties.
In this model, you can pay for work done and divide your payments into parts.
This model is very convenient for long-term projects where it is difficult, or impossible, to predict the finish time.
Here, the development process starts earlier since there is no need to formulate the final requirements.
The client has control over the project and approves or adds any tasks that should be delivered.
Specifications, requests, and updates can be negotiated and executed during any stage of the project.

One of the most meaningful advantages of this model is task prioritization for development projects. Each project is divided into several tasks (features, use cases, tests, etc.). The provider's project manager advises on importance, level of complexity, manner of implementation, and the price of the tasks. As a result, the client can prioritize features and use cases depending on their price and relevance to the project solution.

In this case, the prototype of the functioning system can be developed more quickly. The client can decide when and how to implement more complicated and expensive features. Service providers and the client will always counterpoise project requirements, their understanding, and implementation.

How does it work in Geniusee?

To effectively apply the Time & Material model, accurate time management is indispensable. As clients pay hourly, a convenient way to track and control the time, expenses, and material is necessary. The Geniusee team uses the Jira management tool to provide all the required data and time-tracking solutions for successful project management and reporting.

Geniusee takes control of the work of the professionals involved to ensure the clients' satisfaction with both the quality of services and the project's final result.

Try it!