Agile Contracting

Agile contracting is a modern approach to contract management that is based on the principles of Agile project management. It's a radical departure from traditional contracting methods that often emphasize detailed upfront planning and fixed deliverables

Minimum Eligibility

Elite
Pages

87

Date Published

October 3, 2023

Author

Niladri Mahapatra

Level

Beginner

At its core, Agile contracting promotes a collaborative approach between the parties involved, focusing on outcomes rather than rigid processes. The key objective is to deliver value and quality to the client while allowing for changes and adjustments as the project progresses.

It support the iterative and incremental development approach characteristic of Agile methodologies. They are designed to accommodate changes in project scope, schedule, and costs during the project lifecycle, emphasizing the ability to adapt over sticking to a pre-determined

It is especially beneficial in complex projects where the requirements are not fully known at the outset or are likely to change over time. This approach enables the development teams to respond to changes more efficiently, fostering innovation, improving customer satisfaction, and often leading to better project outcomes.

The information presented in this webinar or book is for educational and informational purposes only. It is not intended to be a substitute for professional legal advice, consultation, or services. The views and opinions expressed herein are mine and do not necessarily reflect the official policy or position of any other agency, organization, employer, or company.

While every effort has been made to ensure the accuracy and completeness of the information provided, participants are strongly encouraged to consult with legal professionals, contract specialists, or other relevant experts to tailor any concepts or strategies to their specific situation.

Application or reliance on the concepts and ideas presented in this webinar or in this video is at the participant’s own risk, and the presenter and Agile Digest Consulting Private Limited or Agile Digest LLC shall not be held liable for any errors, omissions, or consequences arising from the use of the information herein.

By continuing to participate in this webinar or watching this video further, you acknowledge and agree to these terms.

Agile Contracting

Check few Initial Pages

Topics Covered

Introduction – 7

  • The concept of Agile and Agile Contracting.
  • Difference between Traditional and Agile Contracting.
  • The importance and benefits of Agile Contracting for modern businesses.

Understanding Agile – 9

  • Basic Agile principles.
  • Agile methodologies (Scrum, Kanban, etc.) with a special focus on Scrum as it is the most common.
  • Introduction to the Agile Manifesto and its application in Contracting.

Agile Contracting – 12

  • Overview of Agile Contracting.
  • Types of Agile Contracts (like Fixed-Price Agile Contracts, Custom Agile Contracts, etc.).
  • Risks and challenges in Agile Contracting.
  • Case Studies of successful Agile Contracting.

Roles and Responsibilities – 41

  • The role of each stakeholder in an Agile Contract (Customer, Agile Team, Product Owner, Scrum Master, etc.).

Key Elements – 45

  • Features and Functions (Prioritized Backlog).
  • Agile terms and conditions.
  • Payment models (e.g., Pay Per Sprint, Money for Nothing, Change for Free, etc.).

Creating and Managing Agile Contracts – 69

  • Steps in forming Agile Contracts.
  • Managing changes in Agile Contracts.
  • Metrics and KPIs to track in Agile Contracts.
  • Legal Implications

Legal perspective – 73

  • Managing legal risks in Agile Contracts.

Implementing Agile Contracting – 77

  • Steps for transitioning from traditional to Agile Contracting.
  • Tips and Best practices for managing Agile Contracts.
  • Change Management considerations when shifting to Agile Contracts.

Future Trends – 81

  • Predicted changes in the landscape of Agile Contracting.
  • Preparing your organization for the future of Agile Contracting.

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