Cost of Delay: improved prioritisation (and more)

Actual stream for the event (for 8th at 12:30 Istanbul time): https://www.youtube.com/watch?v=bsgLGJHFeyw

“Cost of Delay is the golden key that unlocks many doors. It has an astonishing power to totally transform the mindset of a development organisation.”
– Donald G. Reinertsen.

This session will look at Cost of Delay, what it is and how it helps in three areas:

Improve Prioritisation
Use Cost of Delay to surface assumptions & focus on what's valuable and urgent. CD3 (Cost of Delay Divided by Duration) helps you get more of what you want, faster. If you want to move on from prioritisation by gut-feel, MoSCoW hell or HiPPO-driven decisions, you need to understand Cost of Delay.

Better Trade-off Decisions
Product Development is full of tradeoffs. What are our queues costing us? What is the value of doing more frequent releases? What should our WIP limits be? Does it make sense to increase our capacity? Use Cost of Delay to better inform these decisions and enable distributed decision-making at all levels in your organisation.

Change the Conversation
If the system has little or no information about value and urgency it will optimise for other things – typically cost and dates, which tends to drive the wrong behaviours. Understanding Cost of Delay helps to change the focus of conversations to being more about value and urgency.

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Speaker : Joshua Arnold