jargon for "fucked up." The term is usually used to cloud the fact a project manager or developer has completely screwed up whatever project her or she was working on.
We descoped your ability to edit the web page as we didn't think that was necessary for you to make changes.
A Shackteau is a humble, weather-beaten, structurally questionable shelter located in a spectacular or highly coveted place—Wales, Jackson Hole, Sun Valley, Crested Butte, coastal Maine, the Alps—where the building itself may be worth almost nothing, but the dirt, view, access, and mythology make it absurdly valuable.
In use:
Shackteâu - We thought it was an abandoned shed until the realtor called it a rare alpine Shackteâu with unobstructed views and listed it for $2 million.