The MTA's Failure to Completion a Project

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The project has cost $4.5 billion, making it per mile one of the most expensive mass transit projects in history. It took a work acceleration agreement and an infusion of $66 million above the planned budget to finally bring the project home on the last day of 2016. The governor took a celebratory ride at the night of December 31st, who had a big party in the station at Nanki Street.

Whether it’s a giant infrastructure plan or a humble kitchen renovation, it’ll inevitably take way too long and cost way too much. That’s because you suffer from “the planning fallacy.” (You also have an “optimism bias” and a bad case of overconfidence.) But don’t worry: we’ve got the solution.