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Project Management & Agile · Advanced

Agile Contracting

Contract approaches that accommodate changing scope while managing buyer and seller risk.

Definition

Techniques include multi-tiered structures (fixed master agreement with changeable SOWs), emphasizing value delivered, fixed-price increments, not-to-exceed T&M, graduated fixed price, early cancellation options, dynamic scope options, and team augmentation.

Example

A contract allows the customer to swap backlog items of equal size at no cost ('change for free').

Exam tip

Agile Practice Guide lists these techniques; prefer value-focused, flexible contracts for adaptive work.

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