Missed Deadlines

BOTTOM issed deadline 60 10 50 20 10 30 4. ulunlunk 6. A day here, a day there... we've all worked on projects that run late. But we probably haven't given much thought to the true cost of those schedule misses. The examples below are extreme, but they illustrate the old saying: time IS money. Airbus Military's A400M AIRLIFTER Start Date: Q1 2007 Estimated Delivery Date: Current Completion Date: Apprx. $7 Billion- -- Still not completed 2013 2014 2012 2009 Extra Cost: $5 Billion United Artists Presents: HEAVEN'S GATE Start Date: Early 1980 Estimated Delivery Date: Dec. 1980 Completion Date: 1981 Cost Final $44 Million Budget: $T7 Missed This failure forced United Artists to sell to MGM Studios. INDOWS VISTA Originally set to be released. ORelease date set back to 2005. Ori ORelease date set back to late 2006. Release date: date: spring of JULY 2006 JANUARY 2007 After 6 years of programming, Windows Vista ended up costing Microsoft $6 billion to develop. New Jersey's XANADU MALL Start Date: 2006 Estimated Delivery Date: Current Completion Date: Apprx. $3 Billion---- Still not completed 2011 2009 2010 2006 Located in in East Rutherford, NJ, and expected to be one of the largest malls in America, Xanadu was supposed to have an 800-foot indoor ski slope and the largest Ferris wheel on the contient, but has lost funding and is now dead in the water. Extra Cost: $2 Billion Sony PlayStation's GRAN TURISMO 5 Start Date: 2006 Completion Date: Nov. 2010 Estimated Delivery Date: 2007 While fans eagerly awaited the re- lease of this new S80,000,000 game, it continued to face delays, many of which Sony was not transparent about. delays: Total Cost: $80 Million S7bn $6bn all $3.3bn $80mn $44mn Airbus A400 Heaven's Gate Gran Turismo 5 Windows Vista Xanadu Lesson learned? If you don't manage risk in your project schedule, it will cost you. Only one online project management tool lets you easily capture and manage project uncertainty: LiquidPlanner. Leam how dynamic scheduling and collaboration can keep your project on track at www.liquidplanner.com. liquid PLANNERTM SOURCES: http://www.reuters.com/article/idUSLDEGA41UL20101105 http://en.wikipedia.org/wiki/Airbus A400M http://www.gamesabyss.com/editors/2010/05/09/gran-turismo-5-a-timeline-of-delays/ http://en.wikipedia.org/wiki/Windows Vista http://www.donutey.com/vistadelays.php http://www.a400m.com/Specifications.aspx http://www.bbc.co.uk/news/business-11701337 http://www.militaryfactory.com/aircraft/detail.asp airoraft_id=820 http://njmonthly.com/articles/lifestyle/whither-xanadu.html http://blog.moviefone.com/2007/11/15/biggest-box-office-bombs/ ulululs luululala TIME & THE Over Budget 2007 2008 2010 2011 Due to Million Dealines Extra Cost: $32.5 Million JULY 2001 JANUARY 2002 JUNE 2002 dows Vista is finally released. Over Budget 2007 2008 Total cost afte Years Behind Schedule Total Spend After Delays