Tuesday, December 12, 2017

3 tips to address the top causes of budget overruns

Budget overruns are, unfortunately, a fact of life for many AEC firms. According to a survey from the Zweig Group, project managers go over budget for a whopping 18% of projects.

You probably have an idea of what causes overruns at your firm, but more generally the most cited issues are communication breakdowns (according to 51% of respondents), inadequate fees for the work provided (37%), and unrealistic deadlines or schedules (37%).

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