The Concorde Project: A Technical Engineering Triumph but a Commercial Disaster
Details
PROM004
4
2003
YES
0
Concorde
Transport & Logistics
France; UK
Project Management
Abstract
This case narrates the various stages in the project life cycle for an ambitious project taken up by two governments, UK and France, to create a plane that would break down the barriers of distance by traveling at speeds greater than that of sound. The case tells how the project sponsors’ (UK and France) dream of creating a supersonic passenger plane materialized and the various problems that resulted in huge cost and schedule over runs. This is a typical example of a project that was technologically successful but was a commercial failure.
Learning Objectives
The case is structured to achieve the following Learning Objectives:
- The need for analyzing the market feasibility of a project idea
- The importance of a project plan and control mechanisms for the successful implementation of a project
- The influence of external factors on the success of a project
Keywords
Case, project life cycle, ambitious project, two governments, UK, France, traveling, sound, sponsors, UK, France, dream, creating, supersonic, passenger plane, huge cost, schedule, over runs, technologically successful, commercial failure