Projects coming down from the top are approved first, and the cost esti­mates are inflated to make sure that enough money is budgeted. And with projects coming up from the bottom, costs are understated to give the projects a bet­ter chance of being approved. Later on, the costs go up—the people involved say that they ‘forgot this, forgot that.’

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Attribution

Quote text and notes from Wikiquote: Arthur Y. Chen (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.