City of Vancouver – Olympic Village

Following entry is a record in the “Catalogue of Catastrophe” - a list of failed and troubled projects from around the world. City of Vancouver – Canada Date : Jan 2009 Cost :$250M cost overrun Synopsis : While we don't often touch on construction projects in this database, a construction project is still a form of technology project.  The following example nicely illustrates what happens when financial risks are ignored. Having won the right to host the 2010 Winter Olympics in 20...
More