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Published in:
2016 | OriginalPaper | Chapter
Traditional Contract Models in an Agile World
Authors : Matthias Book, Volker Gruhn, Rüdiger Striemer
Published in: Tamed Agility
Publisher: Springer International Publishing
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This chapter gives a brief overview of traditional contract principles (starting from a discussion of why contracts are important and necessary in the first place) and focuses on the challenges that arise when trying to apply these to agile projects. In this light, the chapter discusses fixed price contracts, time and materials contracts as well as pay-per-use contracts. The discussion shows the need for contract models that are more reflective of agile practices, and reconcile the customers’ and suppliers’ risk-containment needs.