Wednesday, September 29, 2010

15 Budget Busting Technology Projects

Large-scale information technology projects can balloon to inconceivable figures very quickly with endless revisions, change orders and delays pushing budgets into the stratosphere. Sometimes the cost of an IT project can be measured simply in dollars, but just as often these projects costly in other ways -- in reputation, for example. With government projects, it's easy to look at the budget and see how much it costs -- or at least how much it's supposed to cost. In the private sector, it's not as clear cut: often the people working on a specific project are employees of the company anyway, so you can't really measure the cost of the project in just dollars and cents. Many of the projects and products here the $100 million barrier; others are harder to put a figure on yet have to be considered "expensive" by any measure. Regardless of how you quantify it, these 15 projects cost their organizations a bundle.







MOODYS

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