Identify and Reduce Agile Contract Risk
Discover the differences between Agile and non-Agile contracts and how to protect yourself.
- Customer maturity levels with Agile are low, with 67% of organizations using Agile for less than five years.
- Customer competency levels with Agile are also low, with 84% of organizations stating they are below a high level of competency.
- Contract disputes are the number one or two types of disputes faced by organizations across all industries.
Our Advice
Critical Insight
- Agile contracts require different wording and protections than traditional or waterfall contracts.
- Agile buzzwords by themselves do not create an Agile contract.
- There is a delicate balance between being overly prescriptive in an Agile contract and too lax.
Impact and Result
- Identify options for Agile contract provisions.
- Manage Agile contract risk by selecting the appropriate level of protections for an Agile project.
- Harness the power of Agile development and collaboration with the vendor while preserving contractual flexibility.
- Focus on the correct contract clauses to manage Agile risk.
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Get the help you need in this 1-phase advisory process. You'll receive 7 touchpoints with our researchers, all included in your membership.
- Call 1: Review definitions and glossary terms; discuss scope.
- Call 2: Discuss governance issues and concerns.
- Call 3: Review pricing methodologies.
- Call 4: Evaluate term and termination options.
- Call 5: Discuss key personnel concepts and potential deliverables categories.
- Call 6: Review acceptance and warranties.
- Call 7: Assess IP-related needs: rights and indemnification.
Contributors
- Jeffrey Altergott, Senior Manager, Vendor Management, National Restaurant Association
- Larry Millholland, Senior Manager US Procurement, PricewaterhouseCoopers
- Sean Katzen, CEO, Ovations Group
- Deon van Niekerk, COO, Ovations Group
- Danie Jansen van Vuuren, CFO, Ovations Group
- 5 anonymous contributors
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