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Overrun
(redirected from cost overrun)

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.02 sec.
Overrun
In the context of project financing, the amount of capital expenditures or funding above the original estimate to complete the project.

Overrun
The amount by which the actual cost of a project exceeds its budget. While this does not necessarily guarantee that the project will fail, it does make it more difficult to succeed. This is also called cost overrun or budget overrun.


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The government scrapped plans for a Glasgow airport rail link in September amid cost overruns.
The tipping point came a year ago with the release of a GAO report that documented nearly $300 billion in cost overruns in top defense programs.
The purpose of this law will be to limit cost overruns before they spiral out of control.
 
 
 
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