According to a NASA retrospective[1], if I'm reading it correctly, the initial projected budget for Apollo was $2 billion, and the total spend was $2 billion.
According to a different source[2], they had already spent $3 billion by 1963, and the total was something like $60-70 billion. So either it was amazingly on-time and on-budget, despite requiring a ton of *invention*, not just implementation. Or it was 3000% over budget, but on time. [1] http://www.history.nasa.gov/Apollomon/Apollo.html [2] http://www.asi.org/adb/m/02/07/apollo-cost.html Kevin Smith Agile Coach, Wikimedia Foundation On Tue, Aug 16, 2016 at 1:10 PM, Grace Gellerman <[email protected]> wrote: > Apollo 11 had a hard deadline of the end of the decade. Not sure if the > 1960s meets your definition of modern.... > > On Tue, Aug 16, 2016 at 8:20 AM, Kevin Smith <[email protected]> wrote: > >> The Olympics, unlike most of the other types of mega-projects, have a >> hard deadline. They can cut quality in some ways, but they can't run late. >> >> So (presumably) 100% of Olympic projects have hit their date, and I doubt >> any other type of mega-project is anywhere near that. (I wonder if ANY >> other modern mega-projects have come in on time.) Presumably hitting that >> date adds to the expenses, and especially to unplanned expenses as one >> delay leads to another. >> >> >> >> Kevin Smith >> Agile Coach, Wikimedia Foundation >> >> >> On Mon, Aug 15, 2016 at 3:30 PM, Max Binder <[email protected]> >> wrote: >> >>> http://fivethirtyeight.com/features/hosting-the-olympics-is- >>> a-terrible-investment/ >>> >>> >>> >>> On Mon, Aug 15, 2016 at 2:25 PM, Grace Gellerman < >>> [email protected]> wrote: >>> >>>> Thanks, Joel! >>>> >>>> For more real world examples see the wikipedia entry for the Planning >>>> Fallacy <https://en.wikipedia.org/wiki/Planning_fallacy>. >>>> >>>> >>>> On Mon, Aug 15, 2016 at 1:15 PM, Kevin Smith <[email protected]> >>>> wrote: >>>> >>>>> I would also be interested in cost overrun comparisons with other >>>>> *international* projects. I mean, that has to add to the confusion and >>>>> unpredictability, right? >>>>> >>>>> The chunnel came in at 80% over budget, according to wikipedia. >>>>> >>>>> >>>>> Kevin Smith >>>>> Agile Coach, Wikimedia Foundation >>>>> >>>>> >>>>> On Mon, Aug 15, 2016 at 11:33 AM, Arthur Richards < >>>>> [email protected]> wrote: >>>>> >>>>>> Fascinating, Joel, thanks for the share! >>>>>> >>>>>> On Mon, Aug 15, 2016 at 11:24 AM, Joel Aufrecht < >>>>>> [email protected]> wrote: >>>>>> >>>>>>> The Olympic Games average 156 percent cost overruns, outdistancing >>>>>>>> all other types of megaprojects. For comparison, road projects average >>>>>>>> overruns of 20 percent; bridges and tunnels 34 percent; energy >>>>>>>> projects 36 >>>>>>>> percent; rail projects 45 percent; dams 90 percent and IT projects 107 >>>>>>>> percent. >>>>>>>> >>>>>>> >>>>>>> (according to The Oxford Olympics Study 2016: Cost and Cost Overrun >>>>>>> at the Game <http://arxiv.org/pdf/1607.04484v1.pdf>) >>>>>>> >>>>>>> (source >>>>>>> <http://fivethirtyeight.com/features/hosting-the-olympics-is-a-terrible-investment/> >>>>>>> ) >>>>>>> >>>>>> >>>>>> Worth noting that the study looked ONLY at sports-related costs and >>>>>> excluded larger projects (eg infrastructure): >>>>>> >>>>>> The numbers cover the period 1960-2016 and include only >>>>>>> sports-related costs, i.e., wider capital costs for general >>>>>>> infrastructure, >>>>>>> which are often larger than sports-related costs, have been excluded. >>>>>> >>>>>> >>>>>> I am curious what the average overruns would like if all >>>>>> Olympics-related costs (eg infrastructure, etc) were included. >>>>>> >>>>>> -- >>>>>> Arthur Richards >>>>>> Sr. Agile Coach: Organizational Collaboration >>>>>> Team Practices Group >>>>>> <https://www.mediawiki.org/wiki/Team_Practices_Group> >>>>>> [[User:Awjrichards]] >>>>>> IRC: awjr >>>>>> +1-415-839-6885 x6687 >>>>>> >>>>>> _______________________________________________ >>>>>> teampractices mailing list >>>>>> [email protected] >>>>>> https://lists.wikimedia.org/mailman/listinfo/teampractices >>>>>> >>>>>> >>>>> >>>>> _______________________________________________ >>>>> teampractices mailing list >>>>> [email protected] >>>>> https://lists.wikimedia.org/mailman/listinfo/teampractices >>>>> >>>>> >>>> >>>> _______________________________________________ >>>> teampractices mailing list >>>> [email protected] >>>> https://lists.wikimedia.org/mailman/listinfo/teampractices >>>> >>>> >>> >>> _______________________________________________ >>> teampractices mailing list >>> [email protected] >>> https://lists.wikimedia.org/mailman/listinfo/teampractices >>> >>> >> >> _______________________________________________ >> teampractices mailing list >> [email protected] >> https://lists.wikimedia.org/mailman/listinfo/teampractices >> >> > > _______________________________________________ > teampractices mailing list > [email protected] > https://lists.wikimedia.org/mailman/listinfo/teampractices > >
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