Project Management

3 Reasons Why Your Project Budget is Overspent (and what you can do about it)

From the The Money Files Blog
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A blog that looks at all aspects of project and program finances from budgets, estimating and accounting to getting a pay rise and managing contracts. Written by Elizabeth Harrin from RebelsGuideToPM.com.

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Categories: budget, video


In this video I look at 3 common reasons for going over budget, and point out some quick things you can do to put them right.


Posted on: March 16, 2017 08:59 AM | Permalink

Comments (8)

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Anupam India
Nice 👍

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Muralikesavan Thiruvengadam Project Manager| Tech Mahindra Ltd Bangalore, Karnataka, India
Nice one...
The following are....
A. During estimation time, proper assumptions are not considered
B. Required skill set people not available through out the project as per schedule (in case of shared resources)
C. Timely review is not witnessed from customer side

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Drew Craig Sr. Agile & Product Coach| Vanguard Philadelphia, Pa, United States
Thanks Elizabeth!

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Edgar Garcia El Paso, Tx, United States
Thank you for sharing.

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S Rajasekar Senior Project Manager| Allscripts Bangalore, Karnataka, India
Good

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Mudassar Khan Program (Project )Manager| Woodward Canada Inc Peterborough, ON, Canada
Excellent Post I agree with too many change requests

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Elizabeth Harrin Director| RebelsGuideToPM.com London, England, United Kingdom
Thanks for all your comments!

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Rosa Pinto Student| LDS Business College Orem, Ut, United States
Thank you for the video :)
I totally agree with you!
I think it all comes down to poor estimating and the use of tools to keep budget up to date.

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