Developing software better, faster, cheaper, simpler with Extreme Contracts

Invisible Algorithms Podcast

Aug 08, 2024•56 min

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Episode description

In this episode, I talk with Jacopo Romei, an Italian freelance consultant, entrepreneur, and writer, who is the author of the book "Extreme Contracts - Knowledge Work from Negotiation to Collaboration".

We discussed extreme contracts and how they can improve collaboration and trust in knowledge work, the cons of time and materials and fixed-price contracts, and how the wrong form of contract can affect the success of product development.

(01:45) Jacopo Before Extreme Contracts

(04:35) The Trigger for a New Approach to Contracts

(08:32) Real-world Struggles Leading to Extreme Contracts

(09:01) First Steps Towards Implementing Extreme Contracts

(12:50) The Relationship Between Contracts and Trust

(21:43) Core Principles of Extreme Contracts

(26:46) Eight Principles of Extreme Contracts in Brief

(33:51) Applying Extreme Contracts: A Practical Example

(39:36) Understanding 'Skin in the Game' in Extreme Contracts

(42:33) Addressing Client Concerns in Extreme Contracts

(45:41) Implementing Extreme Contracts as an Individual Contributor

(49:15) Summarizing Extreme Contracts and Future Discussions