4 ms·
There are other reasons. I live in a major city that has difficulty completing infrastructure projects. In grad school, one of the projects we did was to ev
by Blackstrat 4y ago
There are other reasons. I live in a major city that has difficulty completing infrastructure projects. In grad school, one of the projects we did was to evaluate the city’s contracts, which were publicly available. What our team found was that the city routinely contracted subsequent projects with higher bonuses for earlier completion than the penalty on prior contracts for being late. Since many of the projects were going to the same handful of companies, it became a lucrative pyramid scheme with local taxpayer dollars. This was in the late 80s and things are better, but no one ever went to jail or was voted out of office. But I did get my MBA as did the other team members. In the end, it all felt like a game.