Indeed. And if you had a staffed team that showed up for work, you could depend a lot more on getting the work done. This isn’t necessarily feasible for a lot of projects, but it illustrates how much more of a budget is required to wrangle remote work.

Your approach only works in some cases. As a small business owner who bills clients in time & materials (by project is impractical), it’s necessary to track time to the minute. Sometimes we work for 5 or 10m answering a quick question, sometimes it’s hours. Time matters.