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: Outsourcing
: Effort Based Pricing or Time and Material
Effort
Based Pricing or Time and Material
Outsourcing brings strategic value to companies through:
In the Effort based pricing model, the project
cost is a function of the total project execution time and
the corresponding resources deployed.
This engagement model is particularly useful
in contexts where the projects are quite complex and are prone
to specification and design changes midstream.
This model gives customer greater flexibility
in terms of developing the project specification on an ongoing
basis and modifying the specifications based on the changing
market needs.
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