Two examples of massively mismanaged projects are TAURUS and the“Big Dig.” The first, formally called the London Stock ExchangeAutomation Project, cost $575 million before it was finallyabandoned. Although most IT projects have a reputation for costoverruns, delays, and under performance, TAURUS set a new standard.But even TAURUS paled next to the biggest, most expensive publicworks project in U.S. history—Boston’s 15-year-long CentralArtery/Tunnel Project. Called the Big Dig, this was perhaps thepoorest and most felonious case of project mismanagement indecades. From a starting $2 billion budget to a final price tag of$15 billion, the Big Dig cost more than the Panama Canal, HooverDam, or Interstate 95, the 1,919-mile highway between Maine andFlorida.
Questions 1. Explain why it faced such problems.
2. How and why do project managers allow such massive endeavorsto fall into such a state?
3. What do you think are the causes?
