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Why big projects go wrong

Business Daily

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The Discordant Music of the Sydney Harbour Monster

You've researched 16,000 projects and found that low-balling is a common reason why projects will come in over budgets. Do you think some of these projects wouldn't get off the ground at all if they didn't underestimate the cost of them? I'm not sure it would have been the bad thing if some of these Projects weren't built. At one time, these Sydneyites made jokes about their Opera House. They wrote comic songs about it sailing away up the harbour on the first decent wind, not anymore. The man who has to stand up and face all this discordant music is Mr P. M. Ryan, the Minister for Public Works.

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