Discussion Post

Start a new thread using the format: Last Name – Post 1.  Please respond to each part of this multi-part discussion topic.  Also, respond to at least two of your peers/students.  See full instructions in a previous forum, the syllabus and the grading rubric in the syllabus. 

For your first topic in this conference I would like for you to briefly review the financial literature to identify and present a description of one actual capital project/product failure and the reasons attributed to the failure. For those of you who do not have personal experiences the following are some illustrated examples of failed projects/products over the last 50 years you may want to look up and consider: -New Coke,- The Iridium Satellite Communication,- the Edsel automobile, Beta (vs. VHS), the Concord SST, and various Dot Coms. Feel free to research others. Remember this is a one to two paragraph exercise - do not go overboard - a few hours research and summation is all that’s required. I am interested only in your short, concise description of the project and the major reasons you believe it failed.   There are a lot of web sites about product failure (not company failure) with brief articles.  Please don't just repeat (word-smith) those types of articles.  Do the research. 

Synthesize your one-paragraph position on what 3-5 specific factors you believe most likely to contribute to capital project analysis failure.