You should've led with that then.

The company is likely to disagree and think it failed for a number of reasons, that only being one of them, and still depending on the cost may be very happy with their decision.

For one, even if it was a complete dumpster fire disaster, that is at least potentially a learning opportunity.

Whether they saw it as one is a different thing entirely.

If they think they can make games for 1/10th the engineering price, they are likely going to try until proven otherwise.

It's harder to convince them, no, it can't be done, just trust me, bro, I know from experience of never even trying.