Maybe it’s the late, cold, damp spring we’re having this year, but my confidence in the weather forecasting crew is at an all-time low. Early spring snow storms (6-10”) have ended up being rain events. The price of being wrong for highly paid weather forecasters is negligible apparently.
The cost of inaccurate estimating and sizing of complex IT projects in contrast has an increasingly unfortunate correlation with job loss for IT executives and CIOs. Lousy estimating skills are increasingly evident in the filings of public companies as they admit substantial cost overruns and delays with major IT projects. Broken mid-market ERP implementations and web projects appear to be especially popular this year....Read More