Tag: Depression-Era Projects
The Dam That Rewrote Budgeting: How the Hoover Dam Redefined Project Cost Management During the Great Depression
1. A Depression, A Dream, and a Deadline In 1931, the world’s economy had collapsed. Factories stood silent, unemployment soared, and optimism was rare. Yet in this bleak landscape, the U.S. government announced a project so grand it sounded almost absurd — to tame the Colorado River and build a dam so vast it would…
