Fix-Price Project
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Definition
An Agile Fix-Price Project is a variant of the traditional offer at a fix price, which takes Agile development practice into account. The approach typically fixes time constraints and budget while leaving the amount of features open (thus allowing change).
In short:
- Nail a deadline – and don’t move it, ever!
- Nail a budget – forget renegotiation.
- Prioritize the feature list – leave it up to the (development) team how many of the features can be implemented and fully tested before we hit the deadline.
See Also
External Resources
- Fix-Price Projects And Agile (slides)
Humor
- I want to run an agile project (part 1) – fighting traditional processes
- I want to run an agile project (part 2) – the customer wants agile (but do we?)
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