Description
A cost overrun, also known as a cost increase or budget overrun, is an unexpected cost incurred in excess of a budgeted amount due to an underestimation of the actual cost during budgeting.
COST AND TIME OVERRUNS IN PUBLIC SECTOR PROJECTS*
Sebastian Morris
Abstract
Delays and cost...
Description
A cost overrun, also known as a cost increase or budget overrun, is an unexpected cost incurred in excess of a budgeted amount due to an underestimation of the actual cost during budgeting.
COST AND TIME OVERRUNS IN PUBLIC SECTOR PROJECTS*
Sebastian Morris
Abstract
Delays and cost...