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One of the authors here- we have another graphic coming about Queensland Health. The craziest part was when IBM estimated it at $6 million.

$6m to $1.2b cost overrun. That must be some type of record.

Yeah, it seems like it. You can see how the budget ballooned here: http://spectrum.ieee.org/static/the-life-cycles-of-failed-pr... (select the 5th project)