Retaining good IT staff for clients is no easy task. They face issues regarding competitive rates, contracts, benefits, liabilities, and more. So how do companies determine if they have the right model of retained staff? Or how much of a firm’s IT should be outsourced? What are the typical billing models used by service providers? Get help with these and other questions, addressed from the service provider’s perspective.
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is meaningful and if it demonstrates realized benefits. During the break in period gathered measurements will provide a baseline against which future performance will be measured. Billing methods for applications support work As mentioned, there are various ways to bill for applications support services, most commonly, Time & Materials (T&M) for headcount, Fixed Price (FP) per milestone or engagement, and Value Pricing (VP) . Each of these methods has their own risks / benefits to both the services