The Cost Crisis in Construction: Why Most Projects Go Over Budget—and How to Break the Cycle
For professionals in construction—whether you’re a project manager, engineer, construction auditor, accountant, or expert witness—the problem of cost overruns is an all-too-familiar challenge. Even with thorough planning, most construction projects exceed their budgets, leading to frustrated stakeholders and financial losses.
Why does this happen, and how can you avoid cost overruns on your projects?