The-one-cost-engineers-and-product-managers-dont-consider
The-one-cost-engineers-and-product-managers-dont-consider
7/6/2013
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summary
This article discusses a commonly overlooked cost in engineering and product development: the cost of technical debt. It emphasizes that technical debt, which refers to the cost of shortcuts and compromises made during the development process, can have a significant impact on a company's long-term success. The article highlights that engineers and product managers often underestimate the time and resources required to address technical debt, leading to potential delays, decreased productivity, and increased complexity in future projects. It emphasizes the importance of considering the hidden costs of technical debt and implementing strategies to manage and minimize it early on in the development process.
tags
cost estimation ꞏ engineering ꞏ product management ꞏ project management ꞏ software development ꞏ cost analysis ꞏ cost planning ꞏ cost control ꞏ financial management ꞏ budgeting ꞏ resource allocation ꞏ cost optimization ꞏ economic analysis ꞏ business operations ꞏ decision making ꞏ risk management ꞏ financial planning ꞏ project planning ꞏ project budgeting ꞏ cost tracking ꞏ cost forecasting ꞏ cost management ꞏ financial impact ꞏ cost efficiency ꞏ cost effectiveness ꞏ cost estimation techniques ꞏ cost estimation models ꞏ cost estimation tools ꞏ cost estimation methods ꞏ software cost estimation ꞏ cost estimation best practices ꞏ cost estimation challenges ꞏ cost estimation considerations ꞏ cost estimation strategies ꞏ cost estimation process ꞏ cost estimation factors ꞏ cost estimation pitfalls ꞏ cost estimation guidelines ꞏ cost estimation tips ꞏ cost estimation principles ꞏ cost estimation framework