Need Guidance on the Best Methods for Managing Technical Debt in a Developing Company

Hello CodingHorror community,

I have joined with this community in hopes of getting some knowledge and suggestions about handling technological debt in a quickly expanding firm. Our team has been growing rapidly, which is fantastic, but it has also resulted in a build-up of technical debt that we are currently finding it difficult to manage.

A brief history of our circumstance is provided below:

Fast Development and Scaling: In order to fulfil market expectations, we have concentrated on fast development and scaling during the past year. In order to get things out the door faster, this has caused certain corners to be cut and some less-than-ideal coding approaches to be used.

Legacy Code: A large portion of our current team’s work is based on legacy code, which is not well understood by them and has inadequate documentation.

Inconsistent Coding Standards: Due to our rapid onboarding of new developers as our team expanded, there are discrepancies in the programming norms and practices used in different components of the codebase.

Lacking of Automated Testing: Despite we do have some unit tests, we do not have automated integration or end-to-end testing, and our evaluation coverage is far from rigorous.

In spite of such challenges, I would appreciate guidance on the following counts:

Prioritising Technical Debt: What are the best ways to order the areas related to technical obligation that ought to be taken care of first? Exist any methodologies or frameworks that might assist in this process?

Reducing Technical Debt while Continuing to Develop New Features: How can we sustain our product’s profitability while simultaneously lowering technical debt?

Enhancing Code Consistency and Quality: In a developing team, what are the best ways to create and uphold a set of coding standards? How can we make sure the updated code complies with these requirements? Our team has more active QlikView developer than other teams.

Putting Effective Testing Into Practice: How can we enhance our testing procedures to guarantee better code quality and lower the possibility of introducing new bugs? Do you have any recommendations for any particular instruments or methods for automated testing?

I would be grateful for any knowledge, advice, or resources you could provide to aid in overcoming these obstacles.

Thanks in advance for your assistance!