“Titanic Lessons for IT Projects” - FVP PMP Luncheons - Noblis

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By the end of construction Titanic’s safety systems were severely compromised. But officers and crew believed they had the safest ship ever built and all risks had been mitigated • Safety regulations, for lifeboats, were hopelessly outdated by advances in ship-building technology. • Titanic was presented and sold at the highest safety level, but in terms of passenger safety, it was at the low to medium level. • The expensive construction effort was very misdirected incorporating the earlier mistakes, of the requirements and architecture stages. Titanic Lessons for IT Projects Strictly Proprietary & Confidential Copyright 2007 Page 22
In the construction stage the project team the project team can minimize risks with the following techniques: B EST PRACTICES • Identify building blocks (components vs prefab) and solution alternatives (build versus buy). • Identify non-functional alternatives (safety features). • Build in cycles. Start small (prototypes), and scale up. • Tier the solution, scale independently, and create redundancy. • Review Government regulations that may impact. • Ensure business executives and sponsors are involved throughout the construction, through steering committees. Titanic Lessons for IT Projects Strictly Proprietary & Confidential Copyright 2007 Page 23
Page 1 and 2: “Lessons From the Past that Assis
Page 3 and 4: As you probably know the success ra
Page 5 and 6: Notable project failures during pro
Page 7 and 8: As complexity has risen so has the
Page 9 and 10: Bad IT service performance, IT proj
Page 11 and 12: In 1909 White Star was facing stiff
Page 13 and 14: In comparison for an IT project tod
Page 15 and 16: You can compute your exposure to lo
Page 17 and 18: White Star invested in a ship-build
Page 19 and 20: In the architecture stage the proje
Page 21: Decisions were made that compromise
Page 25 and 26: In the planning stage the project t
Page 27 and 28: Titanic’s captain and officers we
Page 29 and 30: In the testing stage the project te
Page 31 and 32: During the operating stage Bruce Is
Page 33 and 34: The ship grounded itself on the ice
Page 35 and 36: Two assessment groups surveyed the
Page 37 and 38: And take a comprehensive approach t
Page 39 and 40: In the operating stage the project
Page 41 and 42: Lessons learned - what can you take
Page 43 and 44: Mitigate risk from the project outs
Page 45 and 46: Credits and Sources • 1998 MERIT

“Titanic Lessons for IT Projects” - FVP PMP Luncheons - Noblis

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