Budget Overrun
When actual costs exceed approved budgets—signals poor planningScoping out the who, what, and when—essential for hitting deadlines and aligning teams., misalignment, or unexpected production needs.
What is Budget Overrun?
A budgetYour financial roadmap—a budget outlines the expected costs and resources for a project, ensuring spending stays on track. overrun is when project spending exceeds planned budget—common in poorly scoped projects.
Dive Deeper
Budget CreepWhen costs rise quietly—small overages that pile up due to scope shifts or lack of tracking., Project ProfitabilityMeasuring how much profit a specific project generates—used for pricing, planning, and client evaluation., Scope CreepWhen a project grows beyond its original brief—hurts budgets, timelines, and sanity., Cost Management, Time TrackingLogging hours per task or client—critical for project management, resourcing, and profitability.
