<div dir="ltr"><div class="gmail_default" style="font-family:verdana,sans-serif;font-size:small">Fascinating, Joel, thanks for the share!</div><div class="gmail_extra"><br><div class="gmail_quote">On Mon, Aug 15, 2016 at 11:24 AM, Joel Aufrecht <span dir="ltr"><<a href="mailto:jaufrecht@wikimedia.org" target="_blank">jaufrecht@wikimedia.org</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex"><div dir="ltr"><div style="font-family:georgia,serif"><blockquote style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex" class="gmail_quote">The Olympic Games average 156 percent cost overruns, outdistancing all 
other types of megaprojects. For comparison, road projects average 
overruns of 20 percent; bridges and tunnels 34 percent; energy projects 
36 percent; rail projects 45 percent; dams 90 percent and IT projects 
107 percent.<br></blockquote><div><br></div><div>(according to <a href="http://arxiv.org/pdf/1607.04484v1.pdf" target="_blank">The Oxford Olympics Study 2016: Cost and Cost Overrun at the Game</a>)<br><br>(<a href="http://fivethirtyeight.com/features/hosting-the-olympics-is-a-terrible-investment/" target="_blank">source</a>)</div></div></div></blockquote><div><br></div><div><div class="gmail_default" style="font-family:verdana,sans-serif;font-size:small">​Worth noting that the study looked ONLY at sports-related costs and excluded larger projects (eg infrastructure):</div><div class="gmail_default" style="font-family:verdana,sans-serif;font-size:small"><br></div><blockquote style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex" class="gmail_quote">The numbers cover the period 1960-2016 and include only sports-related costs, i.e., wider capital
costs for general infrastructure, which are often larger than sports-related costs, have been excluded.​</blockquote><br></div><div><div class="gmail_default" style="font-family:verdana,sans-serif;font-size:small">​I am curious what the average overruns would like if all Olympics-related costs (eg infrastructure, etc) were included.</div></div></div><div><br></div>-- <br><div class="gmail_signature" data-smartmail="gmail_signature"><div dir="ltr"><div><div dir="ltr">Arthur Richards</div><div dir="ltr">Sr. Agile Coach: Organizational Collaboration</div><div dir="ltr"><a href="https://www.mediawiki.org/wiki/Team_Practices_Group" target="_blank">Team Practices Group</a><br><div>[[User:Awjrichards]]</div><div>IRC: awjr</div><div>+1-415-839-6885 x6687</div></div></div></div></div>
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