What is a lean contract?

A Lean Contract is a streamlined legal agreement designed to support agile and iterative project management, particularly in industries like construction and software development. Unlike traditional contracts that can be lengthy and rigid, Lean Contracts focus on flexibility, collaboration, and clear communication between parties. They aim to minimize waste, reduce misunderstandings, and adapt to changes more effectively. Lean Contracts typically emphasize shared goals, transparency, and mechanisms for resolving disputes quickly. This approach helps teams deliver value efficiently while managing risks proactively.