Consultants and failed projects

Why are organisations paying a lot of money to consultants who delivered failed projects? Read this article for the answer.

My observation
I hear of government agencies and business organisations spending several tens of millions of dollars by engaging consultants, especially on IT mega-projects. Often, the projects do not produce the payback. But, it seems to be quite fashionable for these organisations to spend big bucks. They are able to get their money back by raising fees and charges on the consumers. This results in the high cost of living in Singapore.