cost overrun excess of a project's cost over budget. A cost overrun necessitates an additional allocation of funds in the budget equaling the size of the overrun. See also cost objective ...
Cost overrun Comparative cost Analysis BCIS BCIS submits data exchange standard for UN ratification.[1] ...
What do "potential cost overruns" refer to? I am confused by the description of "overruns" in a context where a project has not physically been started yet. (Maybe this is a typo?) ...
Transferring too much risk to a private provider that has little control over it can lead to delays, cost overruns and eventually discourage their participation to PPPs. The reverse behavior is also true.
Nuclear plants experienced massive cost overruns, aggravated by the 1979 Three Mile Island accident, and consumer interests pressured regulators to disallow utilities from recovering these costs with higher rates.
A divended clawback pays for any investment shortfall from project cost overruns. For example, if 20 investors received $20 million in dividends and later a $10 million shortfall occurs, the dividend clawback to fund the deficiency is $10 million.
Because of cost overruns, bad management, and numerous delays, two of the plants were canceled, and it was doubtful that two others would ever be completed.
Rather than incurring $8,000 of cost overruns as portrayed by the variances associated with the static budget, one can see that total production costs were $7,000 below what would be expected at 105,000 units of output.
Cost overruns can occur if we pay too much for a resource (for example, paying $3.10 per pound for material, instead of $3.00), or if we use too much of a resource (i.e., consume over 4,000 pounds of material to make 1,000 units of Weed-O).
Construction, development, or cost overrun risk. The risk that a project will not be able to pass its Completion Test. Completion Test: ...
Most cost-plus contracts have a guaranteed maximum to protect the owner from cost overruns. Many cost-plus contracts allow the contractor to share in cost savings if the project is completed under budgeted cost.
Completion Risks: Construction, development, or cost overrun risk.
Setting up an e-commerce venture could take considerable time and money, and failure to understand the timing and sequencing of tasks can lead to significant cost overruns. This can be mitigated with critical path, critical chain, or PERT analysis.
See also: Expense, Job, Billion, Compensation, Contractor
 
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