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Cost of Delay Curves and Classes of Service

Mar 14, 2024
Explore the concept of cost of delay and how it affects decision making in work prioritization. Learn about different types of cost of delay curves including fixed date costs, expedite costs, and intangible costs. Understand the importance of measuring delays using a monetary unit for improved decision-making. Discover strategies for balancing cost of delay curves when prioritizing work with varying values and deadlines. Explore the fluid metric of cost of delay as an opportunity cost rather than a direct financial outlay.
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Episode notes
1
Introduction
00:00 • 3min
2
Exploring Different Types of Cost of Delay Curves
03:18 • 3min
3
Understanding and Measuring Cost of Delay
06:05 • 3min
4
Balancing Cost of Delay Curves for Decision Making
08:57 • 14min
5
Exploring the Fluid Metric of Cost of Delay and Opportunity Costs
22:51 • 2min