Search
Close this search box.
Search
Close this search box.
Search
Close this search box.

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:

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