Projections were overly optimistic, technical challenges were underestimated, designs were faulty, and workmanship was poor.
This will avoid the problem of some previous green jobs programs, where jobs projections were overly optimistic and graduates of training programs could not be placed in jobs.
Kimelman concluded that the projections were too optimistic to support even the 30 or so journalists envisioned — and that was before the market for online advertising tanked.
City officials now acknowledge that past projections were too optimistic, but they expect recycling to become more cost-efficient as more New Yorkers sort their garbage.
The Governor insisted that the Legislature's budget projections were overly optimistic and that spending needed to be reined in to keep the state fiscally sound.
In some cases, cost estimates have been revised upward because initial projections were overly optimistic and flawed — a longstanding Pentagon failing.
Both were prepared for the meeting: They brought their dog-eared budget books and notes from past meetings, ready to discuss why revenue projections were overly optimistic during one of the worst housing slumps in decades.
But the revenue projections were too optimistic, the bond deals were plagued by pay-to-play and bid-rigging scandals, and the complex bond-derivative structures collapsed in the financial turmoil of 2008.
The IEO report says that in the case of Greece and Portugal, the IMF's economic growth projections were too optimistic.
Sturzenegger was forced to resign by Cabinet Chief Marcos Peña, months after being publicly humiliated at a press conference led by the aforementioned Peña, Economy Minister Nicolás Dujovne and then Finance Minister Luis "Toto" Caputo (current Central Bank president) where he was prompted to "acknowledge" that his inflation projections were overly optimistic.
Back when projections for passenger traffic were optimistic, the consortium saw itself meeting even these onerous debt burdens in the short term, as well as making a profit.
