MMO Admin 856 Questions 9 Answers 0 Best Answers 1k Points View Profile0Which type fixed bid or time and material model would be suitable for higher project revenue ? MMO Admin Leader Asked: April 24, 2019In: Project Management0 fixed bidmaterialmodelproject scopet&m ShareFacebook1 AnswerVotedOldestRecent MMO Panel 60 Questions 921 Answers 3 Best Answers 39 Points View Profile MMO Panel Expert Added an answer on April 24, 2019 at 7:34 PM The Fixed bid is something that comes in a single contract where the service provider has to complete the project within the agreed bid that has been set in the bond. It is mostly useful for small projects that have a specific choice, requirements, and limited project scope factors. Whereas, in time & model (T&M) includes presupposed bills for clients that are based on hourly rates of labors. It is most apt for long term projects where the project scope is not fully known. Therefore, for higher project time and material model would be suitable.0ReplyLeave an answerLeave an answerCancel reply Select file Browse Save my name, email, and website in this browser for the next time I comment.