Cost of Delay
Cost of Delay (COD) is a decision making / prioritization framework that helps a Product Owner quantify the economic value impact of building a feature or completing an initiative sooner as opposed to later.
The cost of delay is an efficient decision-making tool that can completely transform the mindset of an organization and resulting ROI. It does so by putting a value lens over the conversation of costs and deadlines, offering full-scenario visualizations of what the most critical tasks really are.