Prioritizing Technical Debt
Technical debt is a concept to apply value to the time, effort, and money necessary to ensure an organization has the necessary technology in place to meet the demands of its business. Technical debt can come in different shapes and sizes. Much like financial debt, not all technical debt is bad, but it does incur interest and grows over time. It’s important to assess what debt you have and where it came from, and how and when to prioritize addressing your technical debt.
There are multiple variables that play into the equation of making a technical decision, and technical debt can be incurred in three ways.