Cost of Solution vs. Cost of Problem
Published on September 20, 2007 (↻ February 5, 2024), filed under Everything Else (RSS feed for all categories).
This and many other posts are also available as a pretty, well-behaved ebook: On Web Development.
Problems cost money, and problems require solutions that also cost money. This is known in all industries, but in many cases, there is focus on only one side: What does the solution of the problem cost? This ignores the other side, the cost of the problem.
Evaluating cost of solution is simple: You determine the time and money you need to develop and implement it. You’re looking at the resources needed. Cost of problem, however, equals the price of doing nothing. That is, for what I know, an important economic principle known from cost-benefit analyses.
I recently wrote more on the matter for Germany’s Dr. Web mag, with details and examples. As that has been an exclusive, it prevents me from providing more information in this place. The point is this: Always consider the cost of the problem in order to prioritize appropriately. Some changes are unnecessary and expensive, others are critical and must not be delayed.
If you can’t wait until I can share more: Jeff Thull goes as far as to consider this the “best-kept secret of the selling world.”
About Me
I’m Jens (long: Jens Oliver Meiert), and I’m a frontend engineering leader and tech author/publisher. I’ve worked as a technical lead for companies like Google and as an engineering manager for companies like Miro, I’m a contributor to several web standards, and I write and review books for O’Reilly and Frontend Dogma.
I love trying things, not only in web development (and engineering management), but also in other areas like philosophy. Here on meiert.com I share some of my experiences and views. (Please be critical, interpret charitably, and give feedback.)
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Is it possible to find fault with everything? Try The Problems With All the Good Things (2023). In a little philosophical experiment, I’m making use of AI to look into this question—and what it means. Available at Amazon, Apple Books, Kobo, Google Play Books, and Leanpub.