As with the exotic-metals machine shop, the things that really devastate a project are the things that wind up in the scrap bin.
I disagree. The things that really devastate a project are things that should wind up in the scrap bin, but don't.
That's why I think it's dangerous to measure the size of the scrap bin, and equate "big" with "bad". It encourages people to keep things in a project that don't belong there. In contrary to the metal shop the scrap/no scrap distinction is rather hard to, and can often be argued about at length.