Millions of large buildings, and tens of thousands of huge ships, dams, and bridges are built on time and on budget.
The alternative would be that management cannot be judged on its results.
Some bridges, invariably urban, go massively over budget and schedule. Urban tunnels, routinely. Military procurement, routinely. Are people who manage those systematically dumber than the rest? Or do they have different measures of success?
What is common to those apparent failures is that they serve as a reliable, legal, long-term conduit from public funds to a multitude of private pockets. F-35 can never be cancelled, no matter what, because it has subcontractors in 48 states. The F-35 is a massive success to its backers: it secured monumental patronage. That it can actually take off and land, too, is a miracle.