Cycle glossary

Product terminology simply explained

Cost Of Delay

Cost of Delay refers to the financial impact of delaying the development or release of a product or feature. It represents the potential revenue or savings that could be generated if the product or feature was delivered sooner. For example, if a software update is delayed by a month, it could result in lost sales opportunities or increased customer churn. Understanding the cost of delay helps product managers prioritize their roadmap and make informed decisions about which features to build first. It also enables them to communicate the value of delivering a product or feature on time to stakeholders.

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