What are some case studies on project risks?
An example of an AI chatbot conversation about case studies on project risks.
What are some case studies on project risks?
There are several notable case studies on project risks. For instance, the Denver International Airport's automated baggage system faced significant delays and cost overruns due to technical risks and poor project management.
Can you tell me more about the Denver Airport case?
Sure! The Denver Airport project was initially expected to be completed in 1993, but it wasn't finished until 2008. The automated baggage system was plagued by technical failures, which led to a complete redesign and ultimately cost the city over $560 million.
What lessons can be learned from that case?
Key lessons include the importance of thorough risk assessment, stakeholder communication, and having contingency plans in place for unforeseen issues.
Are there other examples of project risks?
Yes, another example is the Sydney Opera House, which faced significant budget overruns and delays due to design changes and construction challenges.
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