Why “Cost of Delay”?

Facebook
Twitter
LinkedIn
Pinterest
WhatsApp

Don Reinerstern in his book “The Principles of Product Development Flow” writes about the importance of having an economic view when making decisions. This is because we are usually developing products to improve our financial standing (and even if it is not for “making money” but rather for nobler reasons, still there is the economic view).

Don uses Cost of Delay (COD) to represent the economic impact of any part of the product (a story, a feature, a defect etc.) I have been familiar with this term for some time but since we were introduced I was wondering why use this “Cost of Delay” term and not something like “Value”. It seemed to me that COD was a little philosophical.

Today I finally got it. I was running and it was very cold and to keep me warm I tried to use every muscle I have, including the brain, so realized that the reason for using the term “Cost of Delay” is that this cost is relative to a specific moment in time, specifically NOW. Using the word “delay” tells us that the issue is whether to do something now or LATER. If I used something like “Value” it would sound more absolute and universal, while the Cost of Delay is more a thing of here and now.

All this came to mind as I am reading this book again (I read it some years back). It is not an easy read but very thorough – I hope to get some more insights as I progress with it.

Subscribe for Email Updates:

Categories:

Tags:

Agile Community
Pomodoro Technique
Retrospectives
Introduction to Test Driven Development
Code
chatgpt
What Is Kanban
Lean Budgeting
Jira Plans
Certified SAFe
transformation
SAFe Release Planning
Portfolio for Jira
Coaching Agile Teams
Agile Release Planning
AI
Agile Project Management
LPM
The Agile Coach
SAFe
Agile Release Management
Hybrid Work
A Kanban System for Software Engineering
Agile Exercises
Agile Project
Kanban Game
Accelerate Value Delivery At Scale
GanttBan
Manage Budget Creation
Release Train Engineer
Development Value Streams
Scrum With Kanban
Keith Sawyer
Lean Agile Leadership
LAB
Kaizen Workshop
Legacy Enterprise
Program Increment
Lean Agile
Atlassian
Story Slicing
ART Success
Confluence
Lean Agile Basics
Professional Scrum with Kanban
Agile Marketing
Test Driven Development
Agile Assembly Architecture
Agile Israel
Lean Software Development
SPC
BDD
Engineering Practices
Entrepreneurial Operating System®
System Integration Environments
ARTs
predictability
An Appreciative Retrospective
Rapid RTC
Agile Mindset
Agile Outsourcing
Planning
POPM
Scrum.org
ATDD vs. BDD
speed @ scale
Nexus and SAFe
Process Improvement
Amdocs
Agile Contracts Best Practices
Agility
Jira admin
Agile Delivery
Releases Using Lean
Scrum Master Role
Slides
Nexus and Kanban
Limiting Work in Progress
Agile Risk Management
Scrum Values
Kanban 101
Implementing SAFe
agileisrael
Self-organization
Software Development
Agile Product Development
Professional Scrum Master
Kanban Basics
Continuous Integration
speed at scale
Agile and DevOps Journey
WIP
RTE
Certification
Agile Israel Events
SA
IT Operations
Agile for Embedded Systems
Elastic Leadership
Software Development Estimation
Spotify
EOS®
Legacy Code
Applying Agile Methodology
DevOps
Lean and Agile Techniques
System Archetypes
Advanced Roadmaps
Lean-Agile Budgeting
ATDD
Product Management
Built-In Quality
Webinar
Business Agility
Sprint Planning
Lean Risk Management
Lean Startup
PI Planning
Scrum Master
QA
Perfection Game
Lean and Agile Principles and Practices
Agile Basics
ScrumMaster Tales
Introduction to ATDD
Nexus
Agile Testing Practices
Rovo
Lean Agile Organization
NIT
Agile in the Enterprise
Kanban Kickstart Example
The Kanban Method
lean agile change management
Nexus vs SAFe
Enterprise DevOps
Continuous Planning
Effective Agile Retrospectives
Achieve Business Agility
Scrum Primer
Kaizen
Principles of Lean-Agile Leadership
ALM Tools
Tips
Agile Games
Iterative Incremental Development
Risk Management on Agile Projects
TDD
Risk-aware Product Development
Professional Scrum Product Owner
Sprint Iteration
LeSS
Reading List
ROI
Scrum Guide
Scrum and XP
Managing Risk on Agile Projects
Kanban
Team Flow
Scrum
Artificial Intelligence
Tools
SAFe DevOps
Nexus Integration Team
Quality Assurance
Video
Scaled Agile Framework
Agile Development
Covid19
Large Scale Scrum
RTE Role
Jira Cloud
Lean-Agile Software Development
Operational Value Stream
Agile Program
Lean Agile Management
RSA
Acceptance Test-Driven Development
Atlaassian
Agile Games and Exercises
Agile Techniques
Risk Management in Kanban
Systems Thinking
Managing Projects
Continuous Delivery
Implementation of Lean and Agile
Change Management
Continuous Deployment
AgileSparks
Agile
Games and Exercises
Daily Scrum
Continuous Improvement
Product Ownership
Value Streams
AI Artificial Intelligence
Sprint Retrospectives
User stories
Frameworks
Presentation
Jira
Agile India
Agile Product Ownership
PI Objectives
AgileSparks
Logo
Enable registration in settings - general

Contact Us

Request for additional information and prices

AgileSparks Newsletter

Subscribe to our newsletter, and stay updated on the latest Agile news and events

This website uses Cookies to provide a better experience
Shopping cart