February 19th, 2006, 12:56 PM
What price Itanium?
I came across this and found it rather interesting/amusing......................sales forecasts out by $26 billion
February 19th, 2006, 07:32 PM
Interesting article. Re: their forecast - Seems they were shooting darts while blindfolded!
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February 20th, 2006, 10:04 AM
i wish they supply the unis and degree this guys have, and apart from topic wouldnt mind seeing ones from guy who estimated Wembley stadion either
February 20th, 2006, 12:26 PM
Civil engineering (construction) projects are notorious for that. Just look at the Scottish Houses of Parliament for another example.
The Wembley Stadium business was entirely predictable. The sponsors of the project said how much they wanted to spend, and none of the major contractors wanted anything to do with it, as it was totally unrealistic. That should have told everyone that there was going to be a major variance?
Another thing about construction projects is they suffer from "scope creep" or the customer changing his mind in mid flight
The reason I commented on the Intel scenario is they were $26 billion out. Their total turnover for fiscal 2004 was only $35 billion?