Two examples of massively mismanaged projects are TAURUS and the “Big Dig.” The first, formally called...

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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?

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The two projects that are being discussed in the case are Taurus and Big dig Taurus was a project focused on automating the stock exchange of UK The project was initiated for an initial cost of 75 Million The project got delayed due to multiple reasons and was finally abandoned after the cost and loses rose to 575 million The Big dig project was a project initiated to project initiated in Boston at an initial cost of 2 billion to connect the road network The project was grossly mismanaged and the loses accumulated to 15 billion dollars 1 One major reason why the Taurus project failed was due to the miscalculation in creation of the centralized data hub which would act as the repository for all data transactions Such a change would have resulted in See Answer

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