“Titanic lessons for IT projects” is about delivering IT projects and in today’s
world on-time and on-budget is not enough. You need to be on-line and
this means connecting to the Internet. With that come the high expectations
of your customers and partners, and the rigors of a “24 by 7”
online operation. This raises the bar for IT projects in an industry with
a notoriously high project failure rate. 26%
of all IT projects finish on-time, on-budget, with all the features/function
originally specified – Source: “Chaos, a recipe for success”,
Standish Group, 1998
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Titanic lessons for IT
projects
Titanic was probably the best known maritime
disaster of the 20th century, and ultimately one of the greatest project
failures. With this context the book solves these six
problems:
- The first problem occurs when IT projects are not
carefully evaluated for value and risk. The book highlights how business
managers can better understand what is required to design, create,
and support a project for putting operations online. The book highlights
how to measure the uncertainty and risk of going on-line, determine the
exposure, and then take appropriate actions to mitigate the risk. Hence,
they can select the appropriate IT projects and then determine whether
the IT department or service providers are capable of delivering these,
the associated risks, and investments.
- The second problem relates to the risks of doing business
“on-line” through Intranets, Extranets, Internets, Portals,
or other electronic channels, versus the more traditional channels.
As an organization moves its operations on-line, through IT projects,
it exposes the inner workings of the business operations to potentially
millions of customers, partners, and suppliers around the world. In short,
the importance of “24 by 7 availability”. If the business
manager fails to provide adequate and highly responsive business services
that are stable, withstanding the onslaught of weekly changes required,
demanding customers will readily switch or “click” to a competitor.
In fact, continuous business service availability is becoming a major
competitive advantage.
- The third problem is that organizations providing
online operations are more vulnerable and seriously impacted by outages.
These are horrendously expensive and highly visible because of the
exposure of the Internet. The book highlights the difficulties in creating
and maintaining continuous 24 by 7 business services. It outlines how
the business manager can evaluate the organization’s ability to
deliver business services, work out infrastructure weak points, and determine
the pitfalls and costs in running a service continuously. It also outlines
how to create a business case, based on potential outage costs, for going
on line. It is important for the business manager to understand the investment
requirements for business and availability before making any financial
commitments.
- The fourth problem is that IT investments in IT projects
are usually apportioned first towards technology. Yet meeting customer
service levels is only partially dependent on technology availability.
The book highlights how senior business managers can determine whether
their current IT investments have been successful and to what degree,
and what future IT investments are required to meet their service goals.
- The fifth problem is that the IT industry is notorious
for its use of jargon and the over complication of technology. IT
projects become too focused on IT rather than the business. The book
provides the business manager the ability to challenge the IT organization
with the right questions at the right stage in the IT project if they
do not believe they are on track. As a consequence they can influence
incremental investments. They also need to be able to review and understand
various alternatives available at each stage.
- The sixth problem is “misleading” service
level metrics that make organizations think they are meeting customer
expectations when in fact they are not. This provides a poor foundation
for e-business. The book highlights how to collect and analyze service
level metrics, and interpret availability reports. Senior business
managers can rapidly determine which current business services are
critical, and their actual service level measurements and performance.
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