Description | Billing | Invoiced | Flexibility | Benefits | Ideal for | Considerations |
---|---|---|---|---|---|---|
Contractor works hourly as needed to deliver project by an agreed upon deadline | Agreed hourly rate multiplied by total hours worked | Based on estimated length of engagement* | Client has the option to adjust project scope or duration as needed | Pay only for actual hours worked | Projects with evolving requirements or uncertain timelines | Billing may vary based on project duration and complexity |
* Weekly, Monthly or One-off