How The Time-&-Materials, Billed-By-The-Hour, Business Model Stifles Innovation
Be honest with yourself, right now, you don’t have to tell anybody out loud, just answer this question in your head. Have you ever exaggerated your time on a time sheet, even just a little bit? The billable hour methodology for completing work, sometimes referred to as time and materials, is used primarily because it’s tradition. It’s been used since the beginning of the environmental industry because it was hard at first to determine a scope of work for certain tasks and projects.