Project Management Glossary
Time and Materials Contract (T&M)
Definition of Time and Materials Contract (T&M)
A type of contract that is a hybrid of cost reimbursable (CR) and fixed price (FP) contracts.
Project Management Glossary
Definition of Time and Materials Contract (T&M)
A type of contract that is a hybrid of cost reimbursable (CR) and fixed price (FP) contracts.