What is time and material model?
The ideal startup solution
Equip your startup with flexible, adaptable resource management.
Turn uncertainty into clarity
Overcome uncertainties and define your product with flexible, adaptive solutions.
Pay as you go
Only pay for what you need, adjusting resources to fit your evolving project
From concept to clarity—We handle the entire startup journey, from initial development to innovative solutions.
We support agile development by adapting to changes and iterations, offering flexibility for evolving project needs like branding, quality assurance, or social media marketing.
We adjust resources and costs dynamically as your project evolves, paying only for the time each resource spends.
You pay only for the actual time and effort each resource invests, ensuring fair and flexible billing.
When to choose time and material model?
Dynamic projects
Ideal when you need flexibility and are working on ongoing projects. Adjust resources as requirements evolve and scale up or down as needed.
Flexible solutions
Choose this model if you have an in-house team and need to adapt to changing demands. Ideal for projects with shifting needs.
Scalable resource management
Perfect for projects requiring different resources at various stages. Easily scale resources up or down based on demand without long-term commitments.
Adaptable model
When requirements are in flux, the Time and Material model offers the agility to pivot quickly. Manage and allocate resources dynamically throughout your project.
Agile resourcing
For projects with evolving requirements, this model offers flexible resource adjustments, supporting innovation and adaptability throughout the lifecycle.
Short-term focus
Best suited for projects that don’t need long-term resources. Deploy the right expertise when needed for optimal use of talent and budget.
Why our clients love it!
We offer the flexibility to evolve with your project, charging only for the time spent and allowing for adjustments as needed. It’s agility at its best.
Flexibility
Adapt to changes without disrupting the project.
Control costs
Pay only for the work performed.
Scalability
Easily adjust team size and resources based on the project need.
Working model
Our team integrates with yours, with strong firewalls and top-notch security.
Contract management
You don’t have to manage contracts with each resource. This is on us.
Resources we offer
Full stack developers
At the core of our hardware designs exist thorough research and analysis.
Front end developers
Crafting intuitive and responsive user interfaces.
Back end developers
Building robust server-side applications and APIs.
QA engineers
Ensuring top-notch quality and reliability in our products.
Graphic designers
Creating visually stunning designs and branding materials.
Project managers
Coordinating teams and ensuring project success.
2D animators
Bringing ideas to life through captivating animations.
Time & material model vs other models
Fixed Price Learn More | Time & Material Based | Staff Augmentation Learn More | |
|---|---|---|---|
| Time to Start | After the requirements are fully defined | Immediately, flexible start | Immediately, based on resource availability |
| Cost Structure | Fixed price based on scope and deliverables | Hourly or daily rates, depending on the time and resources used | Hourly or monthly rates for the duration of the engagement |
| Project Scope | Clearly defined, limited scope for changes | Evolving, with scope defined over time | Flexible, defined by client's ongoing needs |
| Control & Flexibility | Less flexibility, as changes may incur additional costs | High flexibility to adjust the scope and resources | High flexibility to scale team size up or down |
| Expertise Provided | Full project team managed by MRS Technologies | Specific experts added as needed throughout the project | Specific roles filled based on client's requirements |
| Risk | Borne by MRS Technologies, with clear deliverables, timelines & budget | Shared risk, depending on project evolution and changes | Borne by the client, with direct management of resources |
| Legal Protection | Full project protection with contract terms | Protection based on agreed scope and ongoing changes | Legal protection for the contracted duration |
Streamlined Process
Discovery phase
We schedule a call together, collaborate to identify goals and potential resource requirements.
01
Resource allocation
Assign the right talent and tools.
02
Development
Iterate progress with regular feedback and loops.
03
Adapt & scale
Adjust the team and resources as the project evolves.
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