02.4.4 · Skill in Prioritization
Cost of delay
What it costs to do something later instead of now.
Cost of delay estimates the value lost each week a piece of work is not done. Some work loses value fast, like a seasonal feature, and some can wait. It is a strong argument for doing small, urgent things before big, comfortable ones.
Resources
3- articleStart hereCost of delay ↗Joshua Arnold (Black Swan Farming) · 4 min
What it costs to do something later, and why it should drive priority more than effort does.
- articleStart hereQualitative cost of delay ↗Black Swan Farming · 11 min
A lighter version for teams that cannot put money figures on every idea.
- articleGo deeperCost of delay and CD3 prioritisation at scale ↗Joshua Arnold (Black Swan Farming) · 9 min
Dividing cost of delay by duration to order work, as applied across a large portfolio.
Tools
none yetTools for this topic are being researched.