Comparison between Time & Material and Fixed Bid Project

 Comparison between Time & Material and Fixed Bid Project

Sl No	Time & Material	Fixed Bid
1	When requirement is not clear	When requirement is clear
2	When Project spread over several months to several years	When Project spread over few days to few months
3	When require high degree of flexibility	When require little or no degree of flexibility
4	When you want direct control of resources	When you do not want direct control of resources