Fits best with the agile development methodology, thus is highly scalable, flexible and adjustable as a business model.
Considered to be the best choice from Fixed Cost and Dedicated Team models when large, long-lasting and complex projects are considered.
Grants deep control over project budget and the project itself, allows easy and fast changes to be done at any comfortable moment.
Both time and resources will be required from your side from the project’s start and up until you decide everything is done completely and you are satisfied with results.
Time & Material model has no strict timing limitations, hence, technically there is no single, accurate deadline stating all work is done.
Constant collaboration and communication provide a strong bridge between partners and negotiable budget decreases numerous risks.

Best solution

So, if you have a really large, complex project in mind with requirements that shift dynamically, the overall scope is yet undefined and you plan on different loads on the development team – Time and Material model is suited just for you. You might not possess any sufficient data when you begin, nor can you precisely estimate amounts of required investments, with this model such issues are irrelevant. You will be provided with required flexibility, the project you have in mind shall be scalable and rapidly adjustable to your needs. You requirements may change with time after you see and feel what was created according to your specs. And, with a professional outsourcing provider, such as QArea, you'll be carefully guided and supported throughout all development stages and beyond towards success.