Agile Contracts – Part 2
This post is from LeadingAnswers: Leadership and Agile Project Management Blog by Mike Griffiths. Click here to see the original post in full.
Part 2 of my article on Agile contracts has been published on Gantthead.com. Part 1 reviewed the existing agile contract samples from the DSDM Consortium that speaks to “Fit for business purpose” acceptance criteria and “Passing Tests” rather than meeting specifications. Part 1 also examined the CoActivate Community sample Fixed Price agile contract and Jeff Sutherland’s suggestions on early termination and functionality swapping.
Part 2 highlights some of the ideas Jesse Fewell presented on agile contracts at the PMI Global Congress last year. These include Graduated Fixed Price and Fixed Price Work Packages as building blocks for creating agile contracts.
Clearly these contract options are not panaceas to possible engagement woes, but they do offer some examples of how organizations and suppliers have been able to utilize the flexibility of agile for mutual competitive advantage.