budget overruns
Costs surpassing estimates
Budget overruns are costs that exceed what was originally planned or allocated.
The term appears most often in government and construction contexts, where projects routinely exceed initial estimates: The highway project suffered massive budget overruns.
A budget overrun can result from poor planning, unexpected complications, or scope creep—the gradual expansion of a project beyond its original boundaries.
- costRequired payment amount
- deficitAmount still owed
- shortfallFailure to reach quota
- overspendSpend beyond means
- red inkSymbol for financial loss
delays · contractors · change orders · construction · escalation · mismanagement · estimates · projections · sticker shock · taxpayer · taxpayer dollars · procurement · scope · scope creep · creep · unforeseen · contingency · audits
- workplace problemspoor communication, miscommunication, missed deadlines, scope creep, delays
- pricingpricing, discount price, overpricing, discounts, overcharge
- fiscal abusegraft, kickbacks, misappropriation, misuse of funds, waste
- deal killerslack of trust, broken promises, red flags, contract disputes
budget overrunscost control
Managing expenses systematically
fiscal discipline · fiscal responsibility · cost efficiency · financial prudence · budget management
budget, budgets, budgeted, budgeting, budgetary, overrun, overruns, overrunning, runs