The Sydney Opera house sits majestically on the Sydney Harbor, and as the most popular tourist spot in Australia, it is visited by millions of people every year. The construction began for the project in March 1959, with an expected completion date in 1963. But 1963 came and went, and the project was nowhere near completion, and only a scaled-down version was finally completed in 1973. The project’s total cost ended up being $102 million instead of the initial planned $7 million.
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The Planning Fallacy
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The Sydney Opera house sits majestically on the Sydney Harbor, and as the most popular tourist spot in Australia, it is visited by millions of people every year. The construction began for the project in March 1959, with an expected completion date in 1963. But 1963 came and went, and the project was nowhere near completion, and only a scaled-down version was finally completed in 1973. The project’s total cost ended up being $102 million instead of the initial planned $7 million.