Awesome example of some very basic project management concepts (scope, stakeholders, measurements of success).

So this seems to illustrate the point that the success or lack thereof in a project can be a matter of perspective.

From the PM's perspective the pencil project was a huge success. He managed the scope creep beautifully including an increased budget.

When the stakeholder was the CEO and his measurements of success were the ruling criteria, the project was a huge success.

As soon as the stakeholders changed from the CEO to the board of directors and the measurements of success also changed, the project became a huge failure.

Perspective. (a fancy way of saying "it depends")

Dave 😉