Choosing the Pricing Model According to the Requirements of the Outsourced Project

Usually, when a project that will be outsourced changes it requirements and implies extra work will lead to extra costs if the contract has a fixed bid. The fixed bid contract is more than a fixed price as it also involved limited flexibility and additions that your project may encounter on the way. Fortunately, you have the possibility to opt for a time and materials contract that allows you to participate more on the project and make modifications to it along the way. Each of the two alternati