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No different than my experience in (big, many $$ millions) construction projects. I would have to estimate schedules/costs/materials with little data/requirements then do it. There is a rich literature on time/cost overruns in complex projects and software is no snowflake here
But construction projects don't have the feature that the majority of the perceived work is basically free, as it often is in software. Even the very worst overrun construction projects, like Berlin-Brandenburg Airport, aren't more that 5x over schedule...
I'm more familiar with the design phase of major works rather than construction phase. Estimating individual tasks now in software feels similarly fuzzy, although to be fair, sometimes a co. would pay/spend $$$ to go from +/- 70% costs to a +/- 25% estimate
My guess on only seeing 1-5x in construction, compared to higher # in software, is related to more $/time upfront to spec out a project (this phase can be years in an of itself, for say a $40B LNG plan), which is not possible in software (different velocities to market).
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