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Iter gobbles up more cash
Posted: Tue Jul 13, 2010 3:27 pm
by hdonk
Posted: Tue Jul 13, 2010 8:21 pm
by jsbiff
Anyone have a link to a good article on *why* ITER is now so over the original budget? Wasn't it originally slated to be about 5 Bn Euro? Now it's up to something like $15Bn?
How does that happen? Is there some sort of massive fraud going on somewhere involving contractors or something?
Posted: Wed Jul 14, 2010 12:11 am
by KitemanSA
jsbiff wrote:Anyone have a link to a good article on *why* ITER is now so over the original budget? Wasn't it originally slated to be about 5 Bn Euro? Now it's up to something like $15Bn?
How does that happen? Is there some sort of massive fraud going on somewhere involving contractors or something?
Per the article, the original CONSTRUCTION cost was 5B euro and is now listed as ~7.2 Bn. The 15B euro was ALL costs, construction, operation, management.... Something like that
Posted: Wed Jul 14, 2010 1:25 am
by Enginerd
jsbiff wrote:Anyone have a link to a good article on *why* ITER is now so over the original budget? Wasn't it originally slated to be about 5 Bn Euro? Now it's up to something like $15Bn?
I'd be willing to produce something that doesn't work for a mere $1 million.
Posted: Wed Jul 14, 2010 1:52 am
by ladajo
Where is Chris Bradley? I refuse to post a quip that he can do better!
Posted: Wed Jul 14, 2010 5:27 am
by WizWom
I once quipped at a project that was 5x over budget that we had too many managers.
Instead, they got rid of the vast majority of their trained engineering staff.
The trouble is always inherent when the people who make the money decisions are not the people who know what's going on.
Posted: Wed Jul 14, 2010 10:35 am
by KitemanSA
Enginerd wrote:jsbiff wrote:Anyone have a link to a good article on *why* ITER is now so over the original budget? Wasn't it originally slated to be about 5 Bn Euro? Now it's up to something like $15Bn?
I'd be willing to produce something that doesn't work for a mere $1 million.
Contact the Recovery Act website. They may still have a spare million or two. All you have to do is spend it FAST on 'murkin stuff!
Posted: Wed Jul 14, 2010 4:43 pm
by jmc
Ithink the original ITER design from the late 90's was ~15 billion, then the U.S . pulled out and refused to fund it, then the scientists designed a "budget" version 5 billion but is was a stressed design with very little margin for error, maybe this is just ITER moving back to its original budget.
Posted: Wed Jul 14, 2010 5:01 pm
by zapkitty
Iterate the money.
Re: Iter gobbles up more cash
Posted: Wed Jul 14, 2010 7:37 pm
by chrismb
Not according to this text.
Try reading the content.
They have
agreed that it is
a point of discussion to
consider how to fund the shortfall.
One agreement and two fudges, in serial, does not a decision make!