Look at any of the books available on project management and most, if not all, mention the 6 phases of any big project. While a cynical view it comes from their seemingly inherent tendency towards chaos if not managed properly:
1. Enthusiasm,
2. Disillusionment,
3. Panic and hysteria,
4. Hunt for the guilty,
5. Punishment of the innocent, and
6. Honours for the uninvolved.
This project is probably at stage 3 at the moment...