How much

[John Galt]

http://news.bbc.co.uk/1/hi/uk_politics/6167504.stm

I am sure this will come as no surprise to anyone but London council tax payers beware!

[Troll]

News manipulation:

Notice it isn't 1 billion only 900 million!! & certainly will not be the last cost creep.

I also read about the toxic cleanup of the area hasn't yet begun - wonder which home county will get all that contaminated top soil!

It will make the Millennium Dome project look good

Update - now it's doomed for sure:

" This project is under control"
Tessa Jowell
Culture secretary

[stackpole]

The expected cost of the 2012 London Olympic park has risen 40% since the games were won in July 2005. The new £3.3bn estimate, which does not include a revised security bill or regeneration costs, is still far below the £8bn some critics say is likely.

"Still far below"? There's plenty of time - at this rate of increase, about 30% a year, we'll be looking at over £10 billion by 2012!

If one considers other recent capital projects like the Scottish parliament, it could be as much as £30 billion!

Unusual for a Labour government to mismanage costs!

[DimPrawn]

Cheaper than a war with Iran.

But not as much fun.

[expat]

http://news.bbc.co.uk/1/hi/uk_politics/6167504.stm

I am sure this will come as no surprise to anyone but London council tax payers beware!

So:

They hadn't been planning on paying VAT.
They hadn't planned for inflation in transport costs.
They hadn't planned to write in that it should be done on time, so now they'll pay "delivery partner" CLM an extra £400m for that.

[Mustang]

That's one contract I don't want to get as a PM........!!

[thunderlizard]

Textbook

Classic 'Chinese water torture' status reporting, as written about by Ed Yourdon in "Death March", on a grand scale.

Look on his works, ye lesser project managers, and despair.

[sasguru]

Classic 'Chinese water torture' status reporting, as written about by Ed Yourdon in "Death March", on a grand scale.

Look on his works, ye lesser project managers, and despair.

To know Yourdon, you must be of the older generation, TL.
I wonder how many project managers know of him.

[Mordac]

Govt reckons £3.3bn, Evening Standard reckons £6bn. I wonder which will be closer, come 2012?

[DimPrawn]

What's a few billion quid these days?

Stick a couple of extra taxes on evil motorists and tax dodging IT contractors and it will be paid for in no time.