This short video is one of a longer series of videos produced by AOE and featuring Don Reinertsen, a guru of the economics of product development. One of the things Don teaches people is that economics is a key part of what we do – even if you’re a techie.

Knowing the cost of delay (COD) is integral to truly understanding the priority of work requests. Unfortunately people aren’t aware of the concept of COD, think it’s too hard to calculate, or think return on investment (ROI) is enough. This video serves as a teaser to get you up to speed on the importance of the concept and have you searching for more!

Related Links

Cost of Delay – Interview with Don Reinertsen  – Lean Magazine

Cost of Delay – Wikipedia

Principle #1 – Take an economic view – Scaled Agile, Inc.

More from EverydayKanban

Cost of Delay with CD3