Traditional Contracts
Traditional Contracts refer to a project management and software development approach where requirements, scope, timelines, and costs are fixed and agreed upon upfront in a formal contract before work begins. This methodology is often associated with waterfall-like processes, where changes are difficult and costly to implement once the contract is signed. It emphasizes predictability, detailed planning, and legal agreements to manage client-vendor relationships.
Developers should understand Traditional Contracts when working in regulated industries (e.g., government, healthcare) or on large-scale projects where strict compliance, budget control, and clear deliverables are critical. This approach is useful when requirements are well-defined and unlikely to change, as it provides legal protection and reduces ambiguity, but it can be inflexible for dynamic or iterative development needs.