Lessons from the Titanic. How the lessons learned from the sinking of the liner Titanic can be applied to modern projects

Lessons from the Titanic. How the lessons learned from the sinking of the liner Titanic can be applied to modern projects Essay example
Masters
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Engineering and Construction
Pages 48 (12048 words)
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SCHOOL OF MECHANICAL, AEROSPACE AND CIVIL ENGINEERING THEUNIVERSITY OF MANCHESTER, UK MSc Management of Projects (MoP) MACE 63000 MoP Dissertation 2011-2012 Lessons from the Titanic. How the lessons learned from the sinking of the liner Titanic can be applied to modern projects…

Introduction

The sinking of Titanic in Atlantic on 14 April 1912 resulting in death of 1502 passengers is remembered as one of the deadliest peacetime maritime disasters in modern history. The purpose of this dissertation is to review the historical project of constructing Titanic for operational use. The project also aims at analyzing the reasons from the perspective of project management that led to failure of this huge project of its time and applying the lessons learnt to modern day projects. The research on the subject is mainly based on extensive review of available literature, for which a variety of the references including but not limited to the internet resources only were consulted. In this dissertation two pronged approach was used for research methodology: technical investigation and project management. Titanic Project was studied and analyzed from the perspectives of both technical blunders and project management failures from its conception to operations. The technical investigation methodology aimed to find out the technical and operational reasons for the sinking of the Titanic. Project Management methodology used information from technical investigation to analyze the reasons of failures from the project management perspective and develop an analogy to modern Project Management practices and standards in an attempt to identify the actions that could have prevented the disastrous occurrence. ...
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