Cost of Delay: better prioritisation, trade-offs, conversations

Key takeaways
  • How a Fortune 500 company used an economic framework across a $100m portfolio to improve prioritisation.
  • Why alternatives (like HiPPO
  • How to change the focus away from cost and dates onto something that helps the team make better decisions

“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:

Improving Prioritisation:

Use Cost of Delay to surface assumptions & focus on what's valuable and urgent. CD3 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.

Making Better Decisions:

Product Development is full of tradeoffs. What are our queues costing us? Use Cost of Delay for better decisions and enable distributed decision-making at all levels in your organisation.

Changing 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.

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