{"id":6877,"date":"2015-03-27T13:20:12","date_gmt":"2015-03-27T18:20:12","guid":{"rendered":"http:\/\/www.watermarklearning.com\/blog\/?p=6877"},"modified":"2022-11-29T14:38:15","modified_gmt":"2022-11-29T20:38:15","slug":"agile-contracts","status":"publish","type":"post","link":"https:\/\/www.watermarklearning.com\/blog\/agile-contracts\/","title":{"rendered":"Webinar Recap: Agile Contracts"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-6880 size-thumbnail\" src=\"\/blog\/wp-content\/uploads\/2015\/03\/NK-150x150.jpg\" alt=\"NK\" width=\"150\" height=\"150\" srcset=\"https:\/\/www.watermarklearning.com\/blog\/wp-content\/uploads\/2015\/03\/NK-150x150.jpg 150w, https:\/\/www.watermarklearning.com\/blog\/wp-content\/uploads\/2015\/03\/NK-300x300.jpg 300w, https:\/\/www.watermarklearning.com\/blog\/wp-content\/uploads\/2015\/03\/NK-32x32.jpg 32w, https:\/\/www.watermarklearning.com\/blog\/wp-content\/uploads\/2015\/03\/NK-64x64.jpg 64w, https:\/\/www.watermarklearning.com\/blog\/wp-content\/uploads\/2015\/03\/NK-96x96.jpg 96w, https:\/\/www.watermarklearning.com\/blog\/wp-content\/uploads\/2015\/03\/NK-128x128.jpg 128w, https:\/\/www.watermarklearning.com\/blog\/wp-content\/uploads\/2015\/03\/NK.jpg 400w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/>In our March 12 webinar presentation, <a href=\"https:\/\/www.watermarklearning.com\/resources\/webinars\"><strong>Agile Contracts<\/strong><\/a><strong>, <\/strong>by N.K. Shrivastava we covered many of the essentials for creating and using Agile contracts.\u00a0\u00a0 This summary provides an overview of the key take-aways, but you\u2019ll want to view the <a href=\"https:\/\/www.watermarklearning.com\/resources\/webinars\">webinar recording<\/a> available on demand to get more detailed examples.<\/p>\n<p>If you\u2019re new to Agile or missed our other webinars, see our other recaps for more about Agile and Scrum: <a href=\"\/blog\/agile-estimating-and-planning\/\">Agile Estimating and Planning Best Practices<\/a> and <a href=\"\/blog\/webinar-recap-ba-guide-essential-agile-techniques\/\">BA Guide to Essential Agile Techniques<\/a>.<\/p>\n<h3><strong>What is a Contract?<\/strong><\/h3>\n<p>There are three things needed for a\u00a0procurement relationship:<\/p>\n<ul>\n<li>Buyer<\/li>\n<li>Seller<\/li>\n<li>Contract<\/li>\n<\/ul>\n<p>The contract defines the relationship between buyer and seller and what each will receive as part of the deal. \u00a0\u00a0The contract accomplishes several important tasks: (1) setting the rules of engagement, (2) sharing risks so that neither side takes on too little or too much, and (3) building trust between buyer and seller.<\/p>\n<h3><strong>Benefits of Agile Contracts<\/strong><\/h3>\n<ul>\n<li>The customer gets immediate and constant value<\/li>\n<li>Developers form self-motivating teams<\/li>\n<li>Both sides agree on:<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Fixed cost and time<\/li>\n<li>Flexible scope<\/li>\n<li>Collaboration<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3><strong>What needs to be in an Agile contract?<\/strong><\/h3>\n<p>There are 4 critical success factors for an Agile contract: (1) flexibility, (2) commitment, (3) risk sharing, and (4) defined checkpoints.<\/p>\n<h2><strong>1. Flexibility<\/strong><\/h2>\n<p>In order to be successful, an Agile contract must allow for flexibility, both in scope and process.\u00a0 The scope should be flexible enough to empower the team to work on high priority backlog items.\u00a0\u00a0 In addition teams should have some flexibility with the process including the ability to define the length of sprints and the number of story points to be delivered.<\/p>\n<h2><strong>2. Commitment<\/strong><\/h2>\n<p>In addition to flexibility, both sides must also make several key commitments.\u00a0 First and perhaps most importantly, the customer and team need to commit to collaboration.\u00a0\u00a0 In addition, there must also commit to a mechanism for prioritizing the backlog.\u00a0 A third commitment is to attend ceremonies including the release planning, sprint review, daily scrums, and sprint retrospectives. \u00a0\u00a0It\u2019s important for stakeholders and customers to attend some of these ceremonies, so the contract should describe commitments to attend major ceremonies.\u00a0\u00a0 Finally, both sides should commit to adhere to and own the roles and responsibilities of the\u00a0customer and team.<\/p>\n<h2><strong>3. Risk sharing<\/strong><\/h2>\n<p>Both parties must share the risks of economic \/ price fluctuations, overruns in cost or time, and other unforeseen circumstances.<\/p>\n<h2><strong>4. Defined checkpoints<\/strong><\/h2>\n<p>The Agile contract should define checkpoints related to sprints.\u00a0 Is the spring review satisfactory?\u00a0 Is the customer satisfied with the work done?\u00a0 Who will define \u201cdone?&#8221;\u00a0\u00a0\u00a0 In addition, the contract should define checkpoints related to releases.\u00a0 Does the customer want more sprints or is this enough?<\/p>\n<p><strong>Types and Examples of Contracts \u2013 <\/strong><a href=\"https:\/\/www.watermarklearning.com\/resources\/webinars\">watch the recording for examples<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In our March 12 webinar presentation, Agile Contracts, by N.K. Shrivastava we covered many of the essentials for creating and using Agile contracts.\u00a0\u00a0 This summary provides an overview of the key take-aways, but you\u2019ll want to view the webinar recording available on demand to get more detailed examples. If you\u2019re new to Agile or missed [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":10581,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[219,177,163],"coauthors":[140],"class_list":["post-6877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agile","tag-agile","tag-agile-contracts","tag-agile-training"],"_links":{"self":[{"href":"https:\/\/www.watermarklearning.com\/blog\/wp-json\/wp\/v2\/posts\/6877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.watermarklearning.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.watermarklearning.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.watermarklearning.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.watermarklearning.com\/blog\/wp-json\/wp\/v2\/comments?post=6877"}],"version-history":[{"count":7,"href":"https:\/\/www.watermarklearning.com\/blog\/wp-json\/wp\/v2\/posts\/6877\/revisions"}],"predecessor-version":[{"id":11099,"href":"https:\/\/www.watermarklearning.com\/blog\/wp-json\/wp\/v2\/posts\/6877\/revisions\/11099"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.watermarklearning.com\/blog\/wp-json\/wp\/v2\/media\/10581"}],"wp:attachment":[{"href":"https:\/\/www.watermarklearning.com\/blog\/wp-json\/wp\/v2\/media?parent=6877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.watermarklearning.com\/blog\/wp-json\/wp\/v2\/categories?post=6877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.watermarklearning.com\/blog\/wp-json\/wp\/v2\/tags?post=6877"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.watermarklearning.com\/blog\/wp-json\/wp\/v2\/coauthors?post=6877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}