Contact US

Log In

Come Join Us!

Are you an
Engineering professional?
Join Eng-Tips Forums!
  • Talk With Other Members
  • Be Notified Of Responses
    To Your Posts
  • Keyword Search
  • One-Click Access To Your
    Favorite Forums
  • Automated Signatures
    On Your Posts
  • Best Of All, It's Free!

*Eng-Tips's functionality depends on members receiving e-mail. By joining you are opting in to receive e-mail.

Posting Guidelines

Promoting, selling, recruiting, coursework and thesis posting is forbidden.

Students Click Here

Best example of overbudgeted jobs

Best example of overbudgeted jobs

Best example of overbudgeted jobs

I'm curious if you have a favorite example of going overbudget on a job, usually defense related.

My all time defense favorite is ALE-55, bid $25 million in about 1995, year 2000 was $500 million over budget, and it wasn't close to working. I'd guess they're up to $750 million overbudget by now on their $25 million budget and it's still not functioning properly (inherently poor designs). And the customer went with the lowest bidder. You get what you pay for.

My second favorite on a similar vein is EW equipment designed on Long Island for the B1 bomber at a cost of $100 million. $65 million was spent, $35 million was set for the first prototypes to be airworthy tested. When Boeing was asked what it would take to retrofit the fleet, cost was $2 billion. The program was cancelled and the vendor kept the added $35 million profit.


RE: Best example of overbudgeted jobs

Hi Higgler,

My all time favorite is the "Big Dig" in Boston.  I understand that the overrun became so large that it is a classified number.  

RE: Best example of overbudgeted jobs

I'm from Boston,
Yah, that's a big debacle all right. It dwarfs my examples. A friend of mine is an electrician on the job, they make alot of money for twisting some wire together.

RE: Best example of overbudgeted jobs

In modern times and involving the USA:

The defeat of the Vietcong.  The budget called for us to send "advisors" for a short time.  We eventually sent combat troops and fought the war ourselves for about a decade.

The federal insuring of S&L's.  This was supposed to cost nothing (because the insured institutions were supposed to be contributing to an fund like the FDIC so that no tax dollars would be needed) but eventually turned into a federal bailout estimated at $50 billion to several hundred billion.

Several social-welfare programs that started under FDR and were only supposed to last until the end of the depression but are still around today.

Several otherwise insignificant construction projects in Saudi Arabia that were funded with money from selling oil to the U.S. and eventually made OBL rich enough to create a private military and go war against the U.S.

Historical record:

A genocidal campaign that was started by the government then in power in Egypt, which ordered the killing of all newly born male children in order to wipe out the targeted population, and was supposed to be complete in one generation.  This is first mentioned in the book of Exodus (Moses was the most well-known survivor) and continued in modern times under the direction of Hitler, OBL, etc.

RE: Best example of overbudgeted jobs

Figure that, worldwide, on the order of 10^8 or 10^9 persons, businesses, or households, pay for Internet connections, an ISP, or both, at an average of approximately $20-40 each, per month.  That makes that a total of between $10^10 and $10^12 per year.

How much was the original budget for providing connections to the Internet for everyone who needed them, back when it was just a few dozen colleges and government agencies?  

It could easily be a million times over budget by now.

This would seem to be the record.

Red Flag This Post

Please let us know here why this post is inappropriate. Reasons such as off-topic, duplicates, flames, illegal, vulgar, or students posting their homework.

Red Flag Submitted

Thank you for helping keep Eng-Tips Forums free from inappropriate posts.
The Eng-Tips staff will check this out and take appropriate action.

Reply To This Thread

Posting in the Eng-Tips forums is a member-only feature.

Click Here to join Eng-Tips and talk with other members! Already a Member? Login


Low-Volume Rapid Injection Molding With 3D Printed Molds
Learn methods and guidelines for using stereolithography (SLA) 3D printed molds in the injection molding process to lower costs and lead time. Discover how this hybrid manufacturing process enables on-demand mold fabrication to quickly produce small batches of thermoplastic parts. Download Now
Design for Additive Manufacturing (DfAM)
Examine how the principles of DfAM upend many of the long-standing rules around manufacturability - allowing engineers and designers to place a part’s function at the center of their design considerations. Download Now
Taking Control of Engineering Documents
This ebook covers tips for creating and managing workflows, security best practices and protection of intellectual property, Cloud vs. on-premise software solutions, CAD file management, compliance, and more. Download Now

Close Box

Join Eng-Tips® Today!

Join your peers on the Internet's largest technical engineering professional community.
It's easy to join and it's free.

Here's Why Members Love Eng-Tips Forums:

Register now while it's still free!

Already a member? Close this window and log in.

Join Us             Close