Service Contract - Time and Material

• Fluctuating in project load:
  Projects with highly variable workloads require flexible resource adjustment to efficiently respond to peak and off-peak periods.
• Lack of resources:
  The challenge of having the necessary personnel available in the required quality and quantity at the start of the project, especially for specialized or highly qualified roles.‍
• Timepressure & Deadlines:
  Projects with fixed deadlines, where delays can have significant consequences, need a contract model that allows for rapid adjustments and additional resource allocation.‍
• Cost pressure:
  Budget constraints necessitate precise control of project costs and the ability to adjust investments directly according to project progress and actual needs.

Solution

• Flexibility in Resources:
  Allows for the adjustment of the team according to the actual project requirements and fluctuations in workload.
• Transparency and Monitoring:
  Regular reports on working hours enable precise monitoring and management of progress.‍
• Cost Control:
  Budget caps and billing based on actual effort help keep expenses within financial guidelines.‍
• Adaptability:
  Quick response to changes in project scope or unforeseen requirements without the need for complex contract negotiations.

Best Practise

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Even with Time-and-Material contracts, we ensure that our team is a good fit for our clients. Our experts who work for our clients are always part of a team and are not isolated. They receive support and can exchange ideas internally if problems arise. For long-term collaborations, we offer more favorable conditions. Additionally, it is always possible to convert an existing collaboration into an Employer of Record (EoR) contract or a joint venture.