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The decoherence effects experienced by the qubits of a quantum processor are generally characterized using the amplitude damping time (T₁) and the dephasing time (T₂). Quantum channel models that exist at the time of writing assume that these parameters are fixed and invariant. However, recent experimental studies have shown that they exhibit a time-varying (TV) behaviour. These time-dependant fluctuations ofT₁andT₂, which become even more pronounced in the case of superconducting qubits, imply that conventional static quantum channel models do not capture the noise dynamics experienced by realistic qubits with sufficient precision. In this article, we study how the fluctuations ofT₁andT₂can be included in quantum channel models. We propose the idea of time-varying quantum channel (TVQC) models, and we show how they provide a more realistic portrayal of decoherence effects than static models in some instances. We also discuss the divergence that exists between TVQCs and their static counterparts by means of a metric known as the diamond norm. In many circumstances this divergence can be significant, which indicates that the time-dependent nature of decoherence must be considered, in order to construct models that capture the real nature of quantum devices.