What is fixed fee versus T&M?
Could you please clarify the difference between a fixed fee and a time and materials (T&M) pricing model in the context of cryptocurrency and financial services? How do these two approaches impact project budgeting, client satisfaction, and the overall delivery of services in this dynamic industry?
What is the difference between fixed fee and T&M?
Could you please elaborate on the distinction between a fixed fee and a time and materials (T&M) pricing model? How do they differ in terms of cost predictability, risk distribution, and suitability for various projects in the cryptocurrency and finance sector? Additionally, could you provide some examples of when each pricing strategy might be more appropriate?