budget overrun
Costs surpassed estimates
A budget overrun occurs when actual costs exceed the planned or allocated amount.
The term appears frequently in project management, government spending, and construction: The highway project suffered a massive budget overrun.
Cost overrun means the same thing.
Unlike going over budget casually, a budget overrun often implies formal tracking and accountability—someone has to explain what went wrong.
- costRequired payment amount
- deficitAmount still owed
- red inkSymbol for financial loss
- shortfallFailure to reach quota
- overspendSpend beyond means
blowout · money pit · expense · blank check · forecast · estimate · bottom line · fiscal year · escalation · delay · contractor · construction · project · project management · deadline · scope · scope creep · creep
- work problemslayoff, firing, low pay, burnout, deadline pressure
- workplace problemspoor communication, miscommunication, missed deadlines, scope creep, delays
- failuresfailure, failures, flop, flops, bust
- outcomesoutcome, win, effect, impact, success
- accounting termsassets, cash, expenses, equity, retained earnings
- financial fraudsecurities fraud, bank fraud, accounting fraud, defalcation, embezzler
budget overruncost control
Managing expenses systematically
fiscal discipline · balanced budget · financial prudence · fiscal responsibility · cost efficiency
budget, overrun, budgets, budgeted, budgeting, budgetary, overruns, overrunning, running