id: 1242,1
title: Cost of delay (CoD) estimates the downside of not doing something.
date: 2021-01-13

Cost of delay (CoD) estimates the downside of not doing something.

This cost is important to know because it compounds over time. It is comprised of multiple factors:

• User or business value: relative value to user or revenue potential.
• Time criticality: Deadlines, declining potential, dependent milestones, customer satisfaction.
• Risk reduction or opportunity enablement: Removing potential future issues, enabling new opportunities or learning.

Estimated using relative values, with the project with the least value setting the baseline at 1.rS6