cost overrun Synonyms
No Synonyms and anytonyms found
cost overrun Meaning
Wordnet
cost overrun (n)
excess of cost over budget
cost overrun Sentence Examples
- The construction project experienced a significant cost overrun due to unexpected delays and material shortages.
- Despite meticulous planning, the infrastructure project encountered a cost overrun of nearly 30%.
- Cost overrun in government projects is a common concern, often attributed to bureaucratic inefficiencies and scope changes.
- The management team is under pressure to address the cost overrun and find ways to bring the project back on budget.
- Cost overrun can severely impact the financial health of a company, leading to budget constraints and reduced profitability.
- Effective risk management strategies can help mitigate the likelihood of cost overruns in large-scale projects.
- Transparency in project management is crucial for identifying and addressing potential cost overruns early on.
- The stakeholders expressed frustration over the project's cost overrun, demanding accountability from the management team.
- Accurate forecasting and diligent monitoring are essential to prevent cost overruns from derailing project timelines.
- Addressing the root causes of cost overrun requires collaboration among project managers, contractors, and stakeholders to implement corrective measures effectively.
FAQs About the word cost overrun
excess of cost over budget
No synonyms found.
No antonyms found.
The construction project experienced a significant cost overrun due to unexpected delays and material shortages.
Despite meticulous planning, the infrastructure project encountered a cost overrun of nearly 30%.
Cost overrun in government projects is a common concern, often attributed to bureaucratic inefficiencies and scope changes.
The management team is under pressure to address the cost overrun and find ways to bring the project back on budget.
