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What is Cost of Delay?

The economic impact of postponing or delaying the delivery of an initiative.

Cost of Delay (CoD) quantifies the economic impact of postponing the delivery of an initiative — how much value is lost for each week or month of delay. It is a powerful prioritization input because it makes the consequences of sequencing decisions visible. Initiatives with high cost of delay should be prioritized even if their total value is moderate, because the value decays rapidly with time.

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