Title: 9 Famous Project Failures And Lessons Learned
Headings: 9 Famous Project Failures And Lessons Learned
9 Famous Project Failures And Lessons Learned
1. Edsel by Ford
2. DeLorean DMC-12
3. Microsoft Zune
4. Virtual Case File
5. Apple Lisa
6. New Coke
7. Crystal Pepsi
8. Segway Personal Transporter
9. Berlin Brandenburg Airport
Summary

Content: DeLorean DMC-12
photo credit: YouTube
Introduced by John DeLorean, the famous auto executive who made iconic cars, this “Back to the Future” vehicle seemed to be doomed to success. Who would believe it would end up turning into one of the most memorable failures in the automotive industry? DeLorean company and its only car project faced multiple problems already at the early stages. Chances of success were extremely low: 1 in 10, as the company’s consultants predicted. New production facilities, new and unqualified workforce, low engine performance and unrealistically high price tag due to poor planning. John DeLorean’s arrest on drug trafficking charges added to the company’s problems, and even though the jury acquitted him soon, it was too late. Wrong timing was another aspect: the car came out during a recession.