busted budgets Over-Budget Construction Projects: A Ranking by Country Last week we (as well as many other blogs and news outlets) posted about how The World Trade Center Transportation Hub project was dramatically over-budget. Construction projects rife with cost overruns are not
busted budgets Busted Budgets: Budapest Metro Line 4 At its completion in March of 2014, the Budapest Metro Line 4 was two years past deadline and 4.5 times over-budget. On opening day, Hungarian Prime Minister, Viktor Orban, joked about the
busted budgets Busted Budgets: Brazil World Cup Stadiums It has gotten pretty scary cold here in New York City and as we dream of warmer weather we’d like to share this seriously scary budget with you. The Brazil World Cup
busted budgets Busted Budgets: Scottish Parliament Building Happy Halloween! Here’s something scary: the Scottish Parliament Building was 935% over budget and 3 years past its 2001 deadline. So as the Scots would say, “keep the heid!” (“don’t lose
busted budgets Busted Budgets: International Space Station The construction of the most famous and advanced research laboratory orbiting planet earth was indeed a historical success but was 186% over-budget. There were so many project delays that the 16 countries involved
busted budgets Busted Budgets: Empire State Building We feel that our second post in the Busted Budgets series is especially appropriate because BuildingBlok calls New York City home! The Empire State Building was built in one year, from 1930 to
busted budgets Busted Budgets: Montreal Olympic Stadium We are beginning our new series titled “Busted Budgets” with a bang! The Montreal Olympic Stadium was 1990% over budget. The stadium originally called the “Big O” was re-nicknamed the “Big Owe” due