A methodologically sophisticated, comprehensive approach toapplying the Agile fixed-price contract to IT projects whilemaximizing customer and supplier relationships"Interesting and necessary for IT managers and ITlawyers."--Walter J. Jaburek, Dipl.-Ing., Dr. iur., Dr. techn.Approximately 50 percent of software developers use Scrum, aniterative and incremental development method for managing softwareprojects and product or application development, in their work. Thebenefit of Scrum and other Agile methods is that they can addressshifts in a large project that traditional managerial methodscannot.Written by pioneers and leaders in the field of Agile and Scrum,Agile Contracts is the only book dedicated exclusively tothe legal, procurement, and project management considerations ofAgile contracts. Providing templates, a toolbox, and examples ofAgile fixed-price contracts, the book presents an alternativeoption to fixed-price, time-based, and supply-basedcontracts--reducing the risk for both the supplier and thecustomer with a contract that offers the possibility of flux andflexible scenarios as a project progresses.Agile Contracts features in-depth chapter coverageof:* The Agile Manifesto of 2001* Agility from the perspective of procurement and the softwareprovider* The problems with traditional fixed-price contracts and timematerial contracts* What the Agile fixed-price contract is and how it is setup* Tendering based on the Agile fixed-price contract* How to negotiate an Agile fixed-price contract* Special guidelines for the legal framework of an Agilefixed-price contract* Adaptable Scope System* The Black Swan scenario* Contracts and procedures for the featured methodologiesEspecially applicable within highly structured businessorganizations, Agile Contracts is a must-read for projectmanagers, agile practitioners, procurement representatives, and ITlawyers.