The role of estimates and budgets in failed projects

Search the Internet or the Hunt Library for an example of a notable project that was considered a failure due to being significantly over budget. In the discussion board, post the following:

A brief overview of the failed project
Answer the following questions:
Were the initial estimates wrong? Why or why not?
Was the budget overage due in any way to poor financial controls?
Did some other factor such as poor scope or schedule estimates lead to the budget problem?

Search the Internet or the Hunt Library for an example of a notable project that was considered a failure due to being significantly over budget. In the discussion board, post the following:

A brief overview of the failed project
Answer the following questions:
Were the initial estimates wrong? Why or why not?
Was the budget overage due in any way to poor financial controls?
Did some other factor such as poor scope or schedule estimates lead to the budget problem?