Overview | ||||
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Applicability | Scrum and Kanban based projects | |||
Definition (Hover Text) | is a prioritization framework Cost of Delay is an indicator that helps a business quantify the economic value gain or loss of completing a project feature sooner as opposed to later. | |||
Source Tools | Jira, Azure Board | |||
Graph type | Line chart | |||
Filters | - | |||
Hover Format on KPI | Month: <<Count>>No. of Epics: <<Count>><<YYYY-MM>> Cost of Delay: <<Sum of CoD of all planned epics or features>> | |||
Fields on Explore Overlay |
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Business Logic | ||||
Calculation Formula | It is calculated by adding the following parameters for a an Epic or a Feature CoD = User-Business Value + Time Criticality + Risk Reduction and/or Opportunity Enablement. | |||
Trend | Higher The higher the CoD for a feature or an Epic, the more valuable it is for the Business or a Project | Maturity Levels | Instance level thresholds | Configurationsurgent the feature, epic ,or product is. |
Maturity Levels | Not defined | |||
Global Mapping Configurations ( Field Mapping ) | ||||
Processor Fields | NA | |||
Mandatory fields | NAProject Settings
Ensure the below field mappings are defined in the Global field mappings for your project | |||
How to Validate KPI | ||||
Suggested ways of workingSample JQLs | ||||
Best Practices | ||||
Quantify Value and Urgency | Clearly define and quantify the value and urgency of each feature or task to calculate CoD effectively. | |||
Use a Framework | Implement frameworks like WSJF (Weighted Shortest Job First) that incorporate CoD to prioritize work effectively. | |||
Balance Short and Long-Term Goals | Ensure that the prioritization process considers both short-term gains and long-term strategic goals. | |||
Benefits of KPI | ||||
How does the KPI help |
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Prioritization | CoD helps teams make informed decisions about which features or tasks to prioritize by highlighting the economic impact of delays. |
Focus on Value Delivery | By understanding CoD, teams can focus on delivering the most valuable features sooner, maximizing return on investment. |
Resource Allocation | Helps in better allocation of resources to tasks that yield the highest economic benefit when delivered early. |
Risk Management | Identifies high-risk areas where delays could have significant financial consequences, enabling proactive risk mitigation. |
Alignment with Business Goals | Ensures that the team's work aligns with the broader business objectives by prioritizing tasks that contribute most to the organization's goals. |