Following entry is a record in the “Catalogue of Catastrophe” – a list of failed and troubled projects from around the world.
Transit Ticketing Authority – Melbourne Australia
Project name : MYKI
Date : May 2008 Cost :up to $350M AUD
Smart card system to allow bus, rail and tram travel on a single ticket delayed by as much as 5 years and over budget by between $200M and $350M depending on press reports.
Contributing factors as reported in the press :
Underestimation of complexity, schedule underestimation, “technical flaws”, little other detail available.
Related story :
In 2007 a similar project was cancelled in Sydney Australia (TCARD). Almost sounds like a bizarre case of inter-city rivalry!
Reference links :