This Business Model is based on resource utilization during the project time
span. When scope, specification and implementation plans of a project are not
easy to define at the outset, Time & Material Model becomes an attractive
option. Large scale and complex projects are best executed using this approach.
The effort estimation for all the elements for all stages at the beginning of
the project is usually complex. The implementation of each element is embarked
upon with a provision for change management and assumption updates. The Client
& Samyak Online prioritize and define scope for each element.
The effort is charged on a pre-agreed rate (hourly, weekly, monthly) based on
the quality of resource engaged. This process is repeated for each of the
elements until the solution is delivered in its entirety.
Service Provider expertise of various domains, project management experience is
filtered to client's core business domain.