April 21, 2012

…oh Italian

A certain information technology project was called off after the company injected close to a hundred million dollars and wasted over 4 years of their resources.
The main reason behind the cancellation was that they couldn't withstand the constant changes of Italian regulations on running energy business and could no longer forecast the upcoming ones;
one change in Italian law can results in a major computer system enhancement which is also, costly.

Thus, it's better for the company to cut a finite lost, in order to not to spend who knows how much more. (I'm talking about a multi-billion dollar company in which a hundred millions could have been only what they spend on an annual cost of stationaries.)

I guess this is where the unpredictable factor became too unpredictable which collapsed all the good plans generated by RDM tools.

Anyway, congratulations to the company,....at least they did not fall into decision trap,....hahaha SUNK COST

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