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Julius's avatar

"Cost overruns and massive delays plaguing the space industry are the rule, not the exception"

Do you know if space is anomalous in this regard, or is it just that many space endeavors are megaprojects and that's the natural tendency of megaprojects (see, for example, the book Megaprojects and Risk). To what degree is this what we expect from 1. megaprojects usually going over budget and 2. space is extra hard and one mistake could be disastrous or incredibly costly (e.g. putting a contact lens on a telescope is pretty hard once it's in LEO)?

If it's roughly in line with what's to be expected, how confident should we be that the new era of builders can reach and maintain this better way? Is this likely or still relatively unproven?

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