Here is a simple formula for quickly estimating Cost of Delay: the profit lost per-month of delay.
Total COD = Lost Month Cost + Peak Reduction Cost.
Here is a simple formula for quickly estimating Cost of Delay: the profit lost per-month of delay.
Total COD = Lost Month Cost + Peak Reduction Cost.
Projects are late one day at a time. So, ask yourself, do you and your team know the number one priority for today? Why does speed matter? Because...
Here is our combined list of the three topic areas. More details are below.
About 10 years ago, very few companies that we talked to knew what Cost of Delay was, much less what their own number was for any of their products....
In our experience, engineers like to stretch their minds beyond the limits of what's possible, solving problems and bringing ideas to life. In fact,...
So how do you increase certainty in project decisions. In part we can increase certainty by increasing the accuracy of our impact estimates.
How do you make project decisions based on their impact on profit? Here are some...
In order to make project decisions such as whether or not to add a new feature, we need an economic model. Cost of Delay is one input into this...
The goal of developing new products is profit. And even though we intuitively know it's important to get to market sooner, do you really understand...
At PLAYBOOK it's our mission to help you change the world faster! So, we have a number of free resources available on our website. Many of you have...
Designing a new product with an architectural runway means supporting the business' ability to "land" new features...
Got time to read a book? Lately, neither do I. That's why I was very excited to find these 8 short video interviews with Don Reinertsen. In minutes,...
Welcome to our Top Lean Reads series of posts. In this week's post, we share our top books on cost of delay and project economic modeling. So,...
14 tips for calculating cost of delay. Implementing cost of delay and ultimately creating a project economic model for basing project decisions on is...
This is Part 7 in a series of posts discussing Cost of Delay and making objective decisions in new product development, based on economic analysis.
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What is cost of delay? Understanding Cost of Delay is the key to making product development decisions based on economic loss or gain. In fact, the...
Welcome to PLAYBOOK’s blog series: Three Lean Product Development Links. This week we cut straight to the chase with the three most popular blog...
Gaining a strategic advantage through statistics and mathematical analysis is changing the game of product...
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