What are the common pricing models in software development?
There are several common pricing models in software development, including fixed price, time and materials, and subscription-based models.
Can you explain the fixed price model?
Sure! In a fixed price model, the client and developer agree on a set price for the entire project, regardless of the time taken.
What are the pros and cons of the time and materials model?
The time and materials model allows for flexibility and adjustments during the project, but it can lead to higher costs if not managed well.
How does the subscription-based model work?
In a subscription-based model, clients pay a recurring fee to access the software, which often includes updates and support.
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