What Is a Cost Overrun? | Definition & Strategies to Avoid

Описание: In this video, we're exploring the concept of cost overruns and how they can occur in project management. Uncover strategies for predicting and avoiding cost overruns, and understand the importance of effective project planning and detailed cost estimates. Learn how to minimize the impact of cost overruns on your project and how to keep stakeholders informed throughout the process. For more Project Management info: https://technologyadvice.com/project-...

EDITOR'S NOTE: The corresponding article was originally published in July 2023 on Project-Management.com. This information may be outdated depending on the time of viewing.

Footage courtesy of Pexels.

➤ CHAPTERS
0:00 - Cost Overrun Intro
0:31 - What is it?
1:31 - Causes
2:33 - The Do’s and Don’ts
3:23 - Visit our Website!

Original article: https://project-management.com/what-i...
Written by: Lauren Good
Scripted & Hosted by: Mackenzie Fay
Edited by: Miguel Potestades

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https://technologyadvice.com/?utm_sou...
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