Cost Overruns in Construction Projects: Causes, Examples, and Mitigation Strategies.

Cost overruns of a Construction project

Introduction Cost overruns in construction projects are a common yet significant challenge that stakeholders face across the globe. These overruns occur when the actual cost of a project exceeds the original budget, potentially leading to severe financial implications, delays, and even project abandonment. Understanding the causes, impacts, and strategies to prevent cost overruns is critical… Continue reading Cost Overruns in Construction Projects: Causes, Examples, and Mitigation Strategies.

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