The grueling, boring act of documenting large software systems, when none of the knowledgable staff is willing to assist in providing content nor review, and management is unwilling to provide funding nor direction for those responsible for completing the task.
Now that the software product has completed the coding phase, we are now faced with documentia before shipping the product.
A theoretical medical procedure, to sever the optic nerve from the rectum. (Used in jest, when a person has a pessimistic view of a situation)
Kenneth Lay and Jeffrey Skilling were discussing Enron's current financial position: "If Andrew Fastow get's that optharectomy, he won't have such a crappy outlook on this quarter's financial results."