5.1 Portland Aerial Tram 1. Can you think of a local public
project that had significant cost overruns like the Portland Tram

2. Do you agree with the statement that “nothing great would
ever be built if people knew in advance what the real costs and
challenges were”?

5.2 The Delphi Method

1. What kinds of estimates are best suited for this method?

5.3 Estimate Accuracy

1. Why is the range so much higher for IT projects than
construction projects?

5.5 Avoiding the Curse of the White Elephant

1. Can you identify personal examples of white elephants?

What else do you think Olympic organizers could do to make the
event more sustainable?”

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