BUSINESS MODELS

Time & Material Model for Software Development

Flexible hourly billing model perfect for projects with evolving requirements. Pay for actual work done with complete transparency and control.

The time & material model is a flexible engagement approach where you pay for the actual hours and resources used on your project. Unlike the fixed price model, T&M allows you to adapt requirements, reprioritize features, and scale the team as your project evolves — making it the go-to choice for agile software development. Kodion Softwares provides full transparency with detailed time tracking, regular progress reports, and sprint-based deliveries, so you always know exactly where your investment is going. This model is ideal for startups, product companies, and enterprises running iterative development cycles.

BENEFITS

Why Choose the Time & Material Model?

Maximum Flexibility

Adapt and evolve your project requirements as you go without renegotiating contracts.

Transparent Billing

Pay only for the actual time and resources used. Detailed time tracking and reporting.

Scalable Resources

Easily scale your team up or down based on project needs and priorities.

FEATURES

What's Included in the Time & Material Model?

Hourly or daily billing rates

Detailed time tracking and reporting

Flexible scope and requirements

Easy to scale team size

Regular sprint-based deliveries

Continuous feedback and iteration

PROCESS

How the Time & Material Model Works

Initial Planning

Define project goals, priorities, and initial scope for the first sprint.

Team Assembly

We assign the right team members based on your project requirements.

Agile Development

Work in sprints with regular deliveries and continuous feedback.

Ongoing Support

Continue development, add features, or provide maintenance as needed.

BEST FOR

Ideal Projects for Time & Material Engagement

  • Projects with evolving or unclear requirements

  • Long-term projects requiring ongoing development

  • Projects using Agile/Scrum methodology

  • Need for flexibility in features and priorities

FAQ

Frequently Asked Questions

How does the time and material model work?

In the time & material model, you pay for the actual hours worked by the development team. Kodion Softwares provides detailed time tracking and regular reports so you have full visibility into how your budget is being spent. Work is organized in agile sprints, allowing you to adjust priorities and scope at the start of each cycle.

How do you ensure transparency in billing?

We use industry-standard time tracking tools that provide real-time visibility into hours logged by each team member. You receive detailed weekly or bi-weekly reports breaking down tasks completed, hours spent, and upcoming priorities. All rates are agreed upon upfront with no hidden fees.

Is there a minimum engagement period?

While there is no strict minimum, we recommend at least a 1-month initial engagement to allow the team to understand your project and establish a productive workflow. Most T&M engagements run for several months as this model is designed for ongoing, iterative development.

When should I choose time & material over fixed price?

Choose time & material when your project requirements are likely to evolve, when you want the flexibility to reprioritize features during development, or when the full scope is difficult to define upfront. If you have clearly defined requirements and a fixed budget, our Fixed Price model may be a better fit.

Ready to Start with Time & Material?

Share your project vision and we'll help you plan the first sprint — with transparent rates and no long-term commitments required.