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Stefan.De.Machtige said:

Wait a minute. If FFXV actually launches in 2016, did it then have a 10 year development cycle?


http://gematsu.com/2011/09/final-fantasy-versus-xiii-in-full-production

Before Sep 2011 only the core team was working on it, the project was put on hold so many times ( mainly due to XIII spin-offs and the disaster XIV turned out to be at launch ) SE didn't take the project seriously for is was not meant to be a main FF title. I wouldn't call the management mess a " 10 year development cycle ".