Balancing technical debt and new features is crucial for success. How will you prioritize effectively?
To effectively prioritize between technical debt and new features, consider these strategies:
How do you strike a balance between maintenance and innovation? Share your strategies.
Balancing technical debt and new features is crucial for success. How will you prioritize effectively?
To effectively prioritize between technical debt and new features, consider these strategies:
How do you strike a balance between maintenance and innovation? Share your strategies.
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There are several ways to resolve technical debt, including refactoring code, updating libraries or frameworks, make sure to track the resolution of technical debt and ensure that it's resolved in a timely manner.
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Impact Assessment -Business value vs technical risk -Customer impact (both immediate and long-term) -Resource requirements and team capacity -Technical dependencies and bottlenecks Debt Classification: -Critical (blocking/high-risk issues) -Important (performance/scalability) -Long-term (code quality/documentation) -Minimal impact (minor improvements) Implementation Strategy: -Allocate 20-30% capacity for tech debt -Bundle debt fixes with related features -Set regular "cleanup sprints" Measuring Success: -Reduced incident rates -Improved performance metrics -Decreased time-to-market -Better developer productivity Decision Matrix: -P0, Security vulnerabilities, critical bugs, Immediate. -P1, Performance issues, outdated dependencies, Sprint
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Backlog items should be scored across multiple dimensions: Dimension 1: Does it help customer base growth? Dimension 2: Does it help revenue? Dimension 3: Does it help to catch up with competitors or increase lead against competitors? Dimension 4: Does it reduce technical debt? Dimension 5 Does it create wow effect for the client? Each dimension has own weight within particular time frame (let say quarter or half year) for the organization. Release should include tasks from each category in certain proportion.
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To align the new feature with technical debt, use a Value-to-Effort Alignment Framework. Begin with setting clear value metrics both for each task and then rank them on how much impact they have compared to the effort needed for them. Then, allocate resources based on what business needs right now into two parallel work streams dealing with technical debt and the other to deal with new features. Continue asking for feedback from stakeholders in checking your decision and shift priorities accordingly. To keep spirits high, reward engineers by recognizing their work or by using game-like debt resolution programs. Lastly, use scenario analysis to predict risks of delays, making sure decisions match long-term business goals.
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Stephen J. Kochan
Thriving in the fast paced world of Biotech, IVDs, Fiber Optics at Volpi Group
(edited)Team up with a financial institution and see if you can restructure the debt using the new loans or grants for new developments and future value of new products and features as leverage. Maybe contact local government organizations and see if loans or grants can be negotiated in exchange for new jobs.
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My approach focuses on: Impact Assessment: Analyze how tech debt impacts performance and weigh it against new feature benefits. Prioritization: Allocate 60% of the time to innovation and 40% to resolving critical debt. Integration: Schedule regular cleanup sprints and combine debt fixes with feature rollouts for efficiency. Transparency: Share metrics like reduced incidents and improved performance to secure stakeholder buy-in. This ensures sustainable growth while maintaining innovation and system stability.
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1. Incorporate Technical Debt into Regular Planning 2. Dedicate a Percentage of Development Capacity 3. Prioritize High-Impact Debt 4. Use Metrics to Justify Decisions 5. Communicate the Long-Term Impact 6. Adopt Incremental Maintenance
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what is in the new feature that is ringing your bell? surely it must be loud and very clear that risks in debt is easier to justify. AND, if the status quo continuously giving revenue - it will be easier to negotiate the timing of savings given that the new features greatly expounding the bottom line. At the end of the day its about assessing current and the future with the new features. No lost, all gain
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It is a complex situation, but it occurs with unsuspected frequency. The action plan I suggest is to establish a balance between the prioritized needs, the commercial potential, and definitely the ability to recover our invoices, strengthening the flow constantly. Work with maximum care, so that everything planned is executed.
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