Risk is the potential that a chosen action or activity, including the choice of inaction, will lead to a loss. WikipediaRisk is the effect of uncertainty on objectives. ISO 31000 (2009) / ISO Guide 73:2002
Risks should be: ● identified — severity and impact ● classified — people, process or technology ● analyzed — prioritization ● planned, tracked and etc.
Capped Time & MaterialPros: ● Supplier gets full coverage of its expenses. ● Customer benefits from the limit to the total exposure. ● Both parties interested in delivering high value functionality as early as possible.
Capped Time & MaterialCons: ● Requirements should remain stable. ● Both parties must work closely together to identify needs, wishes and priorities from the very beginning.
Incremental DeliveryTraits: ● Regular inspection points. ● Can be stopped after some point. ● Requirements can be changed wildly. ● Good for building prototypes.
CreditsMaterials used in the presentation:● Wikipedia: www.wikipedia.org● Agile Contracts collection by Alistair Cockburn: alistair.cockburn. us/Agile+contracts● Minimal Marketable Features - MMFs Explained (www.netobjectives.com)● Target Cost Contracts by John Rusk (www.agilekiwi. com/estimationandpricing/target-cost-contracts)● Photo from Wikimedia by Properpilot● Photo from Wikimedia by Nik Frey● The reproduction Saint Wolfgang and the devil by Michael Pacher via GNU Free Documentation License● Illustrations by Arina Noviani (arinanoviani.deviantart.com)● Illustrations by Vladimir Tarasow
This work is licensed under the Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License. To view a copy of this license, visit http://creativecommons.org/licenses/by-nc-sa/3.0/.