Agile contracts

The Agile fixed price is a contractual model agreed upon by suppliers and customers of IT projects that develop software using Agile methods. The model introduces an initial test phase after which budget, due date, and the way of steering the scope within the framework is agreed upon. Further aspects of an Agile contract are risk share (both parties divide the additional expenses for unexpected changes equally amongst themselves) or the option of either party leaving the contract at any stage (exit points).

Agile contracts

The Agile fixed price is a contractual model agreed upon by suppliers and customers of IT projects that develop software using Agile methods. The model introduces an initial test phase after which budget, due date, and the way of steering the scope within the framework is agreed upon. Further aspects of an Agile contract are risk share (both parties divide the additional expenses for unexpected changes equally amongst themselves) or the option of either party leaving the contract at any stage (exit points).