18 Fixed Prices Are Broken Promises
“We have to deliver a fixed bid for this project. We don’t have all the details yet but need to put a bid in. I need an estimate for the whole team by Monday, and we’ll have to deliver the whole project by the end of the year.”
Fixed-price contracts present a problem to an agile team. We’ve been talking all along about working in a continuous, iterative, and incremental fashion, and now someone comes along and wants to know ahead of time how long it will take and how much it will cost.
From the customer’s ...