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Posts tagged with "cost-of-delay"

Cost of Delay and CD3 Prioritisation at Scale
“How to generate the highest Return On Investment toward strategic priorities — across multiple teams that need to work together.” I get asked this question a lot. I’ve also seen lot
Why Duration and not Cost?
We get this question a lot. It is referring to the denominator of CD3 (Cost of Delay Divided by Duration). For various reasons, people struggle with this. There’s perhaps an element of bikeshedd
Product Roadmaps and Cost of Delay
I sometimes get asked about how Cost of Delay and CD3 work with Product Roadmaps. This post is an initial attempt to collate my current thinking on this (as green as that may be). Firstly, it really d
CD3 and Cost of Delay puzzles
Johanna Rothman sent us through some common puzzles about Cost of Delay and CD3. Posting our thoughts here, in case others have similar questions or suggestions… “Who estimates the Value p
CD3 and proportionality to Outcomes
Here’s an interesting question: “I have been busy trying to figure out Cost of Delay but I’m stuck on a certain question — hopefully you can enlighten me. An example: Let’s say
How to Find Gun Owners Fast
This is a wonderful piece by Jeanne Marie Laskas, writing for GQ magazine. It’s about a strange little federal agency in the US that runs traces on guns that are associated with a crime, trying
Comparing Cost of Delay approaches
There are many different ways to approach Cost of Delay. It ranges from very simple categorisation or qualitative assessments, to more rigorous quantification of Cost of Delay
Fund the teams, not the project
One of the first articles I published highlights the problems created by doing funding and approval in large batches. Unfortunately, this is the status quo in most organisations and a lot of the malai
SAFe & Cost of Delay: a suggested improvement
I have previously shared my view on the way SAFe teaches Cost of Delay. It’s possible that the feedback came in too large a batch, so maybe I can break it down and suggest some incremental impro
Managing Queues in Product Development
“Blindness to queues” is one of the cardinal sins of product development. Why? Well, here is a typical value stream map for a feature being delivered by a software team. Notice all the wai
Qualitative Cost of Delay
If you want to make better Product Development decisions, it really helps if you quantify the Cost of Delay. But what if you’re allergic to numbers? Perhaps a qualitative assessment of Cost of D
Challenges with Cost of Delay and CD3: Duration
A couple of week’s ago I received an email asking how for help with applying Cost of Delay and CD3 to some potentially difficult cases. I enjoy these challenges. For an idea to survive, it needs
#Agile2014
We’re coming to Orlando! Serious teams, developers, managers and executives from over 40 countries are about to descend on an unsuspecting Orlando, Florida. There’ll be over 1,800 attendee
#MIXIT14 – Prioritising ideas using Cost of Delay
Özlem Yüce is coming to Lyon, France to speak at MIXIT14! How can we survive in a world where stakeholders want it all – and they want it yesterday? Are you tired of conflicting priorities and mechani
#LKNA14
We’re coming to San Francisco! Looking forward to hearing some fantastic speakers talk about “Modern Management Methods” and share a few stories and thoughts of our own, at the Lean
MoneyDev: quantifying value vs gut-feel
Billy Beane, the manager of the Oakland A’s baseball team was in trouble. After a successful 2001 season he was losing three of his best players but he had no money to replace them. As Plato sai
Value, Urgency and Organisational “Maturity”
When people hear about Cost of Delay they sometimes doubt whether their organisation is ready for it. They say things like, “We don’t have the maturity for it”, or “We couldn’t do that bec
Lessons on patience: the benefit of delay
In an earlier post, I discussed the importance of speed and the cost of delay for organisations that aren’t leading the market. For those who are attempting to lead the market (as opposed to a f
The future is cheap — the value of time
Chris Matts recently wrote about the impact of discounting on investments in software development. He showed a comparison between a few different investment options for a software project in order to
Catching waves: speed and patience
One of the most incredible things I have experienced as a human being is the feeling of riding a moving wall of water. I am most happy when I’m paddling around in a rubber suit putting myself in
Relativity and Rounding Errors
Putting a price tag on time can sound scary. A common fear is that the estimate of value will be misused as a tool for planning – much like other estimates of time or cost often are. When estimates ar
The problem with projects
If you consider the economic value and urgency for each of the requirements for your software development project, you will likely find that it is not evenly distributed. It’s not four levels of
Black Swan Farming at Agile2013
Discover, nurture and speed up the delivery of value Improving prioritization has become a tired concept in most IT departments, and yet it has the potential to change the conversation from one of cut
Urgency, duration and CD3 prioritisation
Interesting question from the resident DJ Rough: Urgent Optimism and how it can drive behaviour: gamification.co/2013/02/14/how… So, is Cost Of Delay entering into gamification? /cc @joshuajames — Dan
Value: a framework for thinking
How might we think about the potential value of the products and services we could develop? Is there some way of structuring our thoughts so as to more quickly surface the potential value? I want to e
Lessons on speed: Samsung and Apple
The Cost of Delay for organisations that are not market leaders is very high. Whilst companies employing a “Fast Follower” strategy don’t have to invest as much time to discover what
How to make billions of dollars from spare bits
Happy 20th Birthday, SMS. Wow, haven’t you grown?!  Sure, you’re still only 160 characters long, but none of us would have guessed 20 years ago how much a part of our lives you would become