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Managing Project - Coggle Diagram
Managing Project
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Jargon Decoder
- IT project failure:
- Botched execution
-Cannot deliver promised business benefits
- Triple constraint : cheap, fast, and good
- 80/20 rule where 80% is business needs are met by 20% of project features
- Lean principle where business involvement, rapid iteration, and less code
- Rollout strategy where how a completed project is rolled out to users abruptly replace, run in parallel, or chunk rollout
Causes of failure :
- Imprecise business intent
- Lack of explicit tradeoffs
Antidotes to failure
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Curbing scope
MoSCow rules which is :-
- Must-have
- Should-have
- Could-have
- Wont-have
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London
Lessons for IT projects
1) Simultaneously counting on too many unproven technologies risky
2) Clever technology does not guarantee success
3) Doomed without complements
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