What is Cost of Delay?
Basic
difficulty
Stage 5
Agile IQ® Level
Prioritisation
LEAN PRACTICES
Introduction
Cost of Delay is the impact to value for a customer and to business.
What is ‘Cost of Delay’?
Don Reinertsen, Consultant, Author and Pioneer in Lean Product Development, explains the idea of Cost of Delay, what impact Cost of Delay has, and why product owners need to grasp the concept. Don focuses on why it’s important to have an economic view of the product when you talk with stakeholders and management.
Video: What is Cost of Delay?
References
- Reinertsen, D. G. (2009) Principles of Product Development Flow
