Incident Management
Practical
By Samson Tanimawo, PhD
Published May 5, 2026
4 min read
Incident Cost Tracking: Make the Pain Visible
Incidents cost real money. The tracking that makes it visible to leadership.
Live workflow · 3 working · 1 queuedLive
Signal · gather Working
Decide · pick action Working
Apply · with verify Working
Learn · update playbook Queued
Cost model
Direct: lost revenue (transactions × failure window).
Indirect: engineering time (hours × rate × engineers involved).
Reputational: harder to quantify; track customer churn correlated.
Dashboard
Per quarter: total incident cost, by service, by team.
Trends over time; investment decisions follow.
Avoid
False precision. Estimates within 20-30% are fine; exact numbers mislead.
Using the metric to shame teams. It's for leadership decisions, not punishment.